Kodak shopping patents around to very interested buyers, including Apple

In the high stakes game of patent portfolio wars, Kodak revealed on July 20th that it may be willing to part with over a thousand of its digital imaging patents, for the right price. Since then, interest has been high, and according to Kodak CEO Antonio Perez, numerous. “At the moment we announced that, the phone started to ring… (we have) contacted a large number of people. There are a number of people who signed their NDAs,” said Perez in an interview with Bloomberg. Christopher Marlett, CEO of MDB Capital Group, an investment bank specializing in intellectual property, said Apple, Microsoft, Google and Samsung may be interested in acquiring the patents.

Kodak is looking to generate some cash after heading for its sixth yearly loss in seven years. The 1,100-plus patents Kodak is shopping around could possibly bring in over $3 billion, according to MDB’s Marlett.

Kodak currently has a patent dispute being held up in court, where it is hoping to win $1 billion in licensing fees from Apple and Research in Motion for image-preview technology used in digital cameras.

Via: AppleInsider
Source: Bloomberg

Eugene Huo is a Juno Award winning recording engineer, video editor, photographer, and all around Mac geek. His first Mac experience was with the Macintosh Plus. You never forget your first. You can follow him on twitter @gamerparent, and check… Full Bio