“Battle lines are forming in Eastman Kodak Co.’s patent sale ahead of Monday’s initial bid deadline,” Ashby Jones, Dana Mattioli and Mike Spector report for The Wall Street Journal.
“At least two groups are expected to bid on Kodak’s trove of 1,100 patents, with a bevy of technology and patent heavyweights picking sides and competing for the patents, said people familiar with the matter,” Jones, Mattioli and Spector report. “Apple Inc., Microsoft Corp. and Intellectual Ventures Management LLC, a patent aggregation firm, are teaming to form one bidding group, the people said. The other consortium includes Google Inc., Samsung Electronics Co., LG Electronics Inc., HTC Corp. and another patent aggregation firm, RPX Corp., the people said.”
Jones, Mattioli and Spector report, “The people familiar with the discussions cautioned that work on bids could continue over the weekend, with alliances changing and other bidders potentially emerging… A bankruptcy court supervised auction of Kodak’s patents is set for Aug. 8. The patents are being sold in two lots: the digital capture portfolio related to capturing and processing images on cameras, smartphones and tablets; and the Kodak Imaging Systems and Services patents related to storing and analyzing images, among other things. Suitors view the digital capture trove as the most valuable… Kodak has said both lots of patents could be worth up to $2.6 billion combined. Others with knowledge of the portfolios said that initial bids are unlikely to approach that figure.”
Read more in the full article here.
MacDailyNews Take: The Cupertino Colossus and their new little buddy vs. the Axis of Do Know Evil. Sounds like lots of fun ahead.
We await Google’s bid of Euler’s number with bated breath.
If Google loses this one, too, will they send out their head ambulance chaser to whine about how all patents (except Googles, of course) should be washed clean in unicorn tears and then contributed to some sort of giant tech commune?
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