Apple, Google in Group Buying Kodak Patents
A group including Apple Inc., Google Inc. and Research In Motion Ltd. agreed to buy patents from bankrupt Eastman Kodak Co. for about $525 million, gaining digital-imaging technology to capture and share pictures.
The group is led by Intellectual Ventures Management LLC and RPX Corp., Kodak said in a statement today. Google, Apple and RIM are among the 12 patent licensees participating in the deal, according to a court filing. Under the terms, Intellectual Ventures will split the payment with the licensees.
Facebook Inc., Amazon.com Inc. and Microsoft Corp. also are part of the group, the court filing shows …