“On Monday, July 18, The International Trade Commission (ITC) upheld a lower decision that Kodak did not infringe Apple patents regarding digital camera technology,” Bar writes. “The ITC is still considering Kodak’s claims against Apple and Research in Motion, filed in January of 2010, complaining that the iPhone and some Blackberrys infringe on a Kodak patent for viewing images. Kodak settled similar patent disputes with LG Electronics Inc in 2009, and Samsung in 2010. At the end of June, the ITC affirmed in part, reversed in part and remanded in part, Kodak’s patent infringement claim. These remaining ‘royalty obligations’ could each be worth several hundred million dollars, or more, based on the values from the prior disputes.”
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Bar writes, “Lawsuits costs Apple money to litigate and appeal, and purchasing Kodak could not only end one annoyance, but also give them an additional weapon in future patent litigation. Future claims between operating system makers and also between device manufacturers will only increase in value, and continued confrontation is likely… Yesterday, Kodak stated that it is looking into the sale of over 1,000 digital-imaging patents to raise money for operations, and noting this IP interest. Presently, Kodak is valued at under $650 million, is not profitable and has been in decline. A would-be buyer of Kodak’s Patents may want the whole company, especially if it could buy the two at a comparable price.”
Read more in the full article here.
[Thanks to MacDailyNews Reader "Arline Maisel" for the heads up.]
ITC declines to review Apple-Kodak patent decision – July 19, 2011
Kodak plummets 19% as suit against Apple, RIM remanded to judge – June 30, 2011
Eastman Kodak v. Apple and RIM: target date for ITC decision postponed by one week – June 23, 2011
Apple, RIM: A win by Kodak could mean $1B settlement, says analyst – June 23, 2011
U.S. ITC judge rules against Apple in Kodak patent infringement case – May 12, 2011
Kodak wins round as ITC to review $1 billion Apple, RIM patent dispute – March 26, 2011
U.S. ITC ruling derails Kodak’s quest for royalties from Apple, RIM – January 24, 2011
Apple files patent infringement lawsuit against Kodak – April 19, 2010
U.S. ITC to probe Apple iPhones, RIM Blackberries after Kodak alleges patent infringement – February 17, 2010
Kodak sues Apple and RIM over image preview patents – January 14, 2010