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Apple and Google low-ball Kodak in patent auction
The great Kodak patent sell-off has begun but the firm's digital imaging patents have garnered disappointing opening bids. Kodak reckons the intellectual property it is selling is worth around $2.6 billion (£1.7 billion) from over 1,100 patents. So far, though, offers have come in well under that target amount, ranging between $150 million (£95.6m) and $250 million (£165m). Patent warsBoth Google and Apple are reported to be bidding to bolster their existing patent armouries, with the latter apparently joining forces with well-known patent troll Intellectual Ventures. Google is also said...
Published By: Tech Radar - Tuesday, 7 August, 2012
