Kodak sells patents - Apple and Google earn

Bankrupt Kodak sells its patents for hundreds of millions of companies patents related to Apple and Google
Bankrupt Kodak Company announced that managed to sell its patent portfolio for $ 525 million. Statement issued today (Wednesday) the company said it will transfer its patent rights in social photography patents Intellectual Ventures (one of the five companies holding the largest number of patents in the United States) and another patent company - RPX Corporation. Each of the two companies will get the rights to certain patents.
Beneficiaries of the move are the companies Apple and Google - who recently announced they are collaborating to acquire patents Kodark. Google is the customer of the RPX and Apple has connections with Intellectual Ventures. As part of the agreement settled legal disputes on patents from Kodak, including those that the company with Apple.
Earlier this month, Apple and Google found out brochures to submit a joint bid to buy Kodak's patents, and to file jointly proposed acquisition of approximately $ 500 million, the minimum amount required for the 1100 Kodak patents registered in its name, engaged in photography, processing and sharing images.
Now the agreement will allow Kodak to return some duties, but first it must be approved by the bankruptcy court in the United States.

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