Apple and Google Place Rival Bids for Kodak Patents
The initial bids placed for some 1,100 patents being auctioned off by Eastman Kodak came from Apple and a consortium led by Google. The groups bid between $150 and $250 million, according to the Wall Street Journal, which cited sources familiar with the proceedings. Kodak is auctioning off digital imaging patents in two lots as part of its bankruptcy restructuring. The first lot includes patents pertaining to capturing and processing images on smartphones, tablets, and cameras; and the second relates to storing and analyzing images. These opening bids are much lower than the final amount Kodak is seeking. Earlier this year, Kodak's patents were valued at more than $2 billion. The proceeds of the patent auction will go to repay Kodak's creditors and to help Kodak rebuild its business if there are any proceeds left over. Some of the companies that belong to the Google-led consortium include Samsung, LG, and HTC, all of which use Google's Android platform in their smartphones. The auction officially begins August 8 and a winner will be picked August 13.
Hands On with the Kodak Ektra
Bullitt Group is back with another Kodak-branded smartphone and believes it has a better combination of form, features, and functionality in the Ektra. The Ektra clearly taps into the nostalgia factor thanks to its resemblance to older cameras.
Kodak Ektra Improves Camera and Lowers Price As It Makes US Debut
Eastman Kodak and Bullitt Group this week launched the Ektra smartphone in the U.S. The handset was first announced in October 2016.
Kodak Ektra Is More Camera Than Phone
Bullitt Group today announced the Kodak Ektra, an Android smartphone that focuses on providing a steady camera experience. Bullitt is the company behind CAT phones and made another Kodak-branded phone earlier this year.
Kodak's Ektra Phone to Go On Sale in April for $549
The Kodak Ektra smartphone, which was announced last October for European markets, will be sold in the U.S. starting this spring.
Google, Seeking Patent Peace, Debuts PAX Licensing Network
Google today announced PAX, a patent-licensing initiative for Android that the company hopes will help resolve and/or prevent patent-related threats. Companies that join PAX give each other royalty-free patent licenses that cover Android and Google applications on compatible devices.