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., Inc. and Microsoft Corp. also are part of the group, the court filing shows …

Related Content