Latest in Apple

Image credit:

Bloomberg: Apple and Google teaming up on $500 million-plus bid for Kodak patents

Alexis Santos
12.08.12
Share
Tweet
Share
Save

Sponsored Links

After Kodak's auction to offload 1,100 of its digital imaging patents was green-lit this summer, it looked like Apple and Google were ready to do battle for the goods. Now, however, Bloomberg cites a pair of sources who claim that the two titans have ended their face-off and are combining their efforts in a $500 million-plus bid for the patents. All three parties are staying quiet for now, but the move would certainly not be out of form for technology giants when it comes to lucrative, and potentially volatile, patents. Helping Kodak recover from bankruptcy with more cash in its coffers is nice enough, but avoiding a courtroom feud on digital photos is what sweetens the pot all around.

[Image credit: Viktor Nagornyy, Flickr]

Source: Bloomberg
In this article: apple, auction, bid, bloomberg, google, kodak, patents
All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share
Save

Popular on Engadget

Engadget's 2019 Back-to-School Guide

Engadget's 2019 Back-to-School Guide

View
NASA confirms mission to Jupiter's moon Europa

NASA confirms mission to Jupiter's moon Europa

View
Ford will reportedly make two more electric SUVs by 2023

Ford will reportedly make two more electric SUVs by 2023

View
The dream of flying taxis may not be too far off

The dream of flying taxis may not be too far off

View
Watch Dan Aykroyd hype up the 'Ghostbusters' remaster for Switch

Watch Dan Aykroyd hype up the 'Ghostbusters' remaster for Switch

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr