Google & Apple Reportedly Team on Kodak Patents Bid

Kodak might finally get to unload its 1,100 digital imaging patents. It’s been struggling for months to get somebody to take them off its hand so it can get out of bankruptcy jail. But it will have to settle for less than the $2.6 billion it hoped for after Nortel got that astronomical $4.5 billion for its portfolio, a feat that got needy patent holders like Kodak salivating. Quoting “two people with knowledge of the situation” Bloomberg says Apple and Google, two unlikely playmates, have put in a joint bid worth upwards of $500 million.

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