Sentences with phrase «digital imaging patents»
The New York - based company filed for bankruptcy in early 2012 before selling its digital imaging patents to the likes to a number of companies including Apple, Google, Facebook, Microsoft and Samsung for over $ 500 million to stave off bankruptcy.
https://cryptotimes.news/
Bloomberg business news is reporting that two tech rivals will join forces to buy Kodak's digital imaging patents.
Kodak will seek to continue selling a portfolio of 1,100 digital imaging patents to raise cash for its loss - making operations.
The company will also seek to continue selling a portfolio of 1,100 digital imaging patents to raise cash for its loss - making operations.
As a last - ditch effort to raise cash, Kodak announced last July that it had hired Lazard to sell its digital imaging patents, hoping to cash in on a frenzy for intellectual property that drove Google «s $ 12.5 billion takeover of Motorola Mobility.
Kodak stated «we believe the time is right to explore smart, opportunistic alternatives for our digital imaging patent portfolios.»
Not exact matches
And there could be even more patents up for grabs in the future as Eastman Kodak has said it's considering selling some 1,100 patents related to digital imaging, important technology for mobile phones.