Wednesday’s announcement confirms what had been reported last week. The sale price will help Kodak meet its bankruptcy obligations, while 12 companies will receive licenses to Kodak’s image patents. The deal also settles outstanding patent disputes. Read more »
That the two would partner on a deal is somewhat surprising, given they are direct competitors in the mobile world. But, as Google’s chairman said this week, businesses who have disputes also need to “trade with each other” and not just “send bombs at each other.” Read more »
On Demand Books, makers of the print-on-demand Espresso Book Machine, is expanding its footprint substantially in a partnership with Kodak that will integrate the Espresso technology with Kodak Picture Kiosks in stores such as CVS and other retail outlets. Read more at paidContent »
After 132 years in business, photo film maker Kodak filed for bankruptcy and in the process becoming yet another fallen corporate giant. The company’s failure has lessons for others such as Yahoo and Nokia who might meet a fate similar to the photo company. Read more »
Eastman Kodak announced late Tuesday that it was suing Apple (NSDQ: AAPL) and HTC for allegedly infringing four of its imagining patents. Th… Read more at paidContent »
Cloud-based video creation startup Animoto is ready to invest heavily in its growing business with a new round of funding it’s announcing Wednesday. The company has raised $25 million, led by Spectrum Equity Investors with participation from existing investors Madrona Venture Group and Amazon.com. Read more »
A ruling today on whether or not Apple and RIM violated a patent held by Kodak could add more than $1 billion in revenue to the camera company’s bottom line. It’s a decision that could have a significant impact on the company’s future. Read more »
