Apple and Google very low -ball Kodak in patent auction

The good Kodak patent promote -off has started but the firm's electronic imaging patents have garnered disappointing opening bids.

Kodak reckons the intellectual real estate it is marketing is worthy of around $ two. six billion (£1. seven billion) from above 1, one hundred patents.

So considerably, even though, gives have arrive in very well less than that focus on volume, ranging among $ 150 million (£95.6m) and $250 million (£165m).

Patent wars

Equally Google and Apple are documented to be bidding to bolster their current patent armouries, with the latter apparently becoming a member of forces with very well - identified patent troll Intellectual Ventures.

Google is also mentioned to have started off operating with a patent aggregator named RPX &ndash no question Apple and Google will commence to drive the price tag up in bids to quit the other getting their arms on the IP.

Every thing comes from shady court do cket reports, even so, as a judge ruled that Kodak could maintain particulars of the public sale magic formula until finally a winner is declared.

Kodak is marketing off most of its patents dedicated to how products consider, course of action, edit and share pictures the beleaguered digicam maker is making an attempt to shuffle out of individual bankruptcy by producing a comeback as a printer company.

From WSJ