Not a Kodak Moment: Apple being sued by Kodak over patents

19 Jun

Reblogged from VentureBeat:

Click to visit the original post

Apple is being sued by Kodak, the camera company that recently filed for bankruptcy, for a number of patents, which Apple says Kodak doesn't have the right to sell.

According to Reuters, the Cupertino-based company is standing in the way of Kodak auctioning off its patents as part of its bankruptcy deal. Kodak filed for bankruptcy in January and must liquidate its assets, including its patent portfolio, in order to pay back a nearly billion-dollar loan the company borrowed to stay afloat.

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One Response to “Not a Kodak Moment: Apple being sued by Kodak over patents”

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