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Kodak sells patent portfolio to 12-company consortium for $525M

Kodak sells patent portfolio to 12-company consortium for $525M
  • Posted December 19, 2012, 2:00 PM by Shawn Knight | Filed in Industry News
  • Eastman Kodak has announced an agreement to sell a large bundle of patents to a consortium of buyers for $525 million. As we reported on back in August, Apple and Google are indeed among the group that will gain access…

Kodak is cutting 1,000 additional jobs this year to save $330 million

Kodak is cutting 1,000 additional jobs this year to save $330 million
  • Posted September 11, 2012, 10:00 AM by Shawn Knight | Filed in Industry News
  • Eastman Kodak has announced plans to further reduce its workforce by the end of this year. In addition to the 2,700 employees that have already been let go, the iconic company says that another 1,000 workers will be out of…

Apple, Google lead consortium to purchase Kodak's patent portfolio

Apple, Google lead consortium to purchase Kodak
  • Posted August 20, 2012, 8:30 AM by Shawn Knight | Filed in Industry News
  • Apple and Google, described by some as bitter rivals in the mobile handset race, have reportedly joined forces in an effort to purchase a patent portfolio being auctioned off by bankrupt Eastman Kodak. Previous reports had pinned Apple and Google…

Weekend tech reading: Kodak loses patent suit against Apple, RIM

Weekend tech reading: Kodak loses patent suit against Apple, RIM
  • Posted July 22, 2012, 2:05 PM by Matthew DeCarlo | Filed in NATW

  • Eastman Kodak has lost a patent case against Apple and Research In Motion, dealing a blow to the onetime film giant's efforts to raise billions of dollars by selling off its intellectual property. Kodak filed a complaint against the iPhone and BlackBerry makers at the U.S. ITC...

Kodak sues Apple over patent ownership disagreement

Kodak sues Apple over patent ownership disagreement
  • Posted June 19, 2012, 5:30 PM by Shawn Knight | Filed in Apple, Industry News

  • Eastman Kodak Co has sued Apple on the grounds that they are trying to interfere with the sale of a large number of patents as part of their bankruptcy restructuring plan. In a lawsuit filed yesterday in bankruptcy court in Manhattan...

ITC deems Kodak patent invalid, favors Apple and RIM

ITC deems Kodak patent invalid, favors Apple and RIM
  • Posted May 22, 2012, 10:00 AM by Matthew DeCarlo | Filed in Industry News, Mobile Computing

  • The US International Trade Commission has once again rejected Kodak's complaint against Apple and Research In Motion. Kodak filed a complaint in January 2010, accusing the mobile firms of infringing on US patent number 6,292,218, which describes an image previewing technology...

Kodak maintained an underground nuclear reactor for over 30 years

Kodak maintained an underground nuclear reactor for over 30 years
  • Posted May 15, 2012, 1:30 PM by Shawn Knight | Filed in Industry News
  • It’s no secret that Eastman Kodak Co. has fallen on hard times in recent memory, but despite all of that, the ailing photography company has been able to keep one secret closely-guarded for more than 30 years. Kodak maintained a…

Kodak reports first quarter numbers, continues to plummet

Kodak reports first quarter numbers, continues to plummet
  • Posted April 27, 2012, 4:30 PM by Shawn Knight | Filed in Industry News
  • Eastman Kodak Co. has posted first quarter numbers that continue to spiral downward even after filing for Chapter 11 bankruptcy protection in January. The iconic photography brand reported a net loss of $366 million, or $1.35 per share. The figure…

Kodak agrees to sell online photo gallery to Shutterfly for $23.8 million

Kodak agrees to sell online photo gallery to Shutterfly for $23.8 million
  • Posted March 2, 2012, 2:30 PM by Shawn Knight | Filed in Industry News
  • Kodak has entered into an agreement to sell their online photo sharing service to Shutterfly for $23.8 million. The deal includes the transfer of more than 75 million Kodak Gallery customer accounts and accompanying images in the US and Canada…

Kodak files for chapter 11 bankruptcy protection

Kodak files for chapter 11 bankruptcy protection
  • Posted January 19, 2012, 3:30 PM by Lee Kaelin | Filed in Industry News
  • Eastman Kodak, the 133-year-old iconic American company that invented the handheld camera, has filed for Chapter 11 bankruptcy protection. Kodak has struggled for years, losing huge profits on the now redundant film-based cameras and responding slowly to market changes. Despite…

Kodak sells image sensor business, avoids shutdown for another year

Kodak sells image sensor business, avoids shutdown for another year
  • Posted November 8, 2011, 12:30 PM by Shawn Knight | Filed in Hardware
  • Kodak has sold its image sensor business to Platinum Equity for an undisclosed sum of cash. The move brings the company one step closer to a cash goal it wants to achieve by the end of the year to appease…

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