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Apple and Google Leading $500M Bid for Kodak's Patents

Dec 8, 2012, 9:20 AM by Eric M. Zeman

Apple and Google have partnered together in hopes of scoring some 1,100 imaging patents being auctioned off by Eastman Kodak, reports Bloomberg. Kodak has been trying to sell the patents since the summer months as part of its bankruptcy restructuring plan. It was unsuccessful at scoring competitive bids at first. This new partnership between Apple and Google comes at a time when they are at odds with one another over smartphone patents. Bloomberg, citing unnamed sources, says the Apple and Google partnership is offering $500 million for the patents. None of the companies involved has confirmed Bloomberg's report.

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Globhead

Dec 9, 2012, 1:22 PM

Yikes

Why is Google doing this? Couldn't they find anyone other than Apple to go in on this? Letting Apple get their hands on even half of any real patents seems like a terrible idea. Unless the deal stipulates that both parties have to agree on suing anyone.

WernerCD

Atleast, if this is true and the go in together, it's something that won't feed the patent wars between the two of them.

As well, the two current leaders will want to stem the competitors (MS and BB) in any way possible.

Lastly... keep your frie...
(continues)

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