Kodak patent auction is off to a slow start

We’ve been following the saga of Kodak trying to scratch its way back from bankruptcy by selling off patents for a while. Apple objected to the auction of some of the patents in the two portfolios Kodak is trying to sell alleging that it owned 10 of the patents. Apple attempted to have its patent suit moved to another court, but Kodak’s bankruptcy judge blocked the attempt.

Apple’s patent auction has moved ahead and the first round of bids are in, and they’re much lower than previous valuations. Kodak maintains that the patents could be worth as much as $2.6 billion since it announced it would auction off the portfolios. The initial bids are said to be much lower than that amount. Low starting bids could mean Kodak doesn’t have the money left over after paying creditors that it thought it would.

The WSJ reports that people familiar the process are saying two investor groups, with one representing Apple and the other representing Google, submitted starting bids around $150 million-$250 million. That range is a fraction of the $2.6 billion Kodak was hoping for. However, the auction is far from done and with tension between Apple and Google, bids could skyrocket as each tries to keep the other from winning the patents.

During a bankruptcy hearing in January a Kodak attorney told the court that the company thought the patents were worth between $2.2 billion and $2.6 billion. However, the WSJ reports an unnamed source says that a winning bid of $600 million would be “healthy for the patents.” Kodak is trying to sell 1100 patents.

[via WSJ]


Kodak patent auction is off to a slow start is written by Shane McGlaun & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.


Judge rules against Apple in Kodak patent dispute, cites disruption to next week’s auction

Judge rules against Apple in Kodak patent dispute, dismisses ownership claims for late filing

Is this Kodak’s moment? It’s sure shaping up to be, as Bloomberg reports the once prominent imaging company has just earned a slight, though significant courtroom victory against Apple. At stake is the ownership of ten patents related to digital imaging, two of which have been deemed incontestable by a Manhattan bankruptcy judge due to Cupertino’s late stage ownership filing. Citing potential disruptions to next Wednesday’s auction, Judge Gropper ruled against Apple’s claims, while also striking down Kodak’s request for a summary judgment on the eight remaining IPs and leaving the door open for further dispute. So, though it may seem like the Rochester-based company is finally out of the woods, this certainly isn’t the end of its woes — Apple has now filed counterclaims and is seeking a transfer of the case to district court. And if the House that Steve built’s legal track record is any indication, it’s not going down without an interminable fight.

Filed under:

Judge rules against Apple in Kodak patent dispute, cites disruption to next week’s auction originally appeared on Engadget on Thu, 02 Aug 2012 20:02:00 EDT. Please see our terms for use of feeds.

Permalink   |  sourceBloomberg  | Email this | Comments

WSJ: Apple, Google reportedly in rival groups to buy Kodak patents

Kodachrome 200 film box

Kodak might be cleared to sell its patents, but it’s likely no fan of the companies lined up to make a deal. The Wall Street Journal‘s best friends, “people familiar with the matter,” assert that Apple and Google are part of separate coalitions hoping to buy the 1,100 patents up for grabs. Apple’s camp supposedly includes Microsoft and controversial patent holder Intellectual Ventures; Google’s team reads more like an Android Justice League, with HTC, LG, Samsung and “patent risk solutions” provider RPX all playing a part. Real or not, there’s still much that’s up in the air. Kodak’s not talking, and even the touted insiders warn both of new challengers and allegiances that could be in flux over the next few days. If there’s meat on this rumor bone, however, it could make the August 8th auction another patent war spectacle rather than a mere ticket back to solvency for Kodak. Break out the popcorn.

[Image credit: Pittaya Sroilong, Flickr]

Filed under: ,

WSJ: Apple, Google reportedly in rival groups to buy Kodak patents originally appeared on Engadget on Fri, 27 Jul 2012 17:58:00 EDT. Please see our terms for use of feeds.

Permalink   |  sourceWall Street Journal  | Email this | Comments

Apple and Google fighting for Kodak’s patents?

Kodak Google AppleAnother day, another patent dispute – at least that’s what the current state of the tech world is. It looks like there’s now another war over patents between Apple and Google. According to reports online, both Apple and Google have been named as potential customers of Kodak’s upcoming patent sell-off that will take place sometime next month. According to a tweet from WSJ’s Dennis K. Berman, the two companies are the front-runners in the patent bidding war.

The details about the patent bidding war are pretty scarce at the moment but you can be pretty sure that the winner will be walking away with a lot of technology concerning photography. For those of you in the dark, Kodak is looking to sell off part of its patent collection as part of terms attached to a granted load for keeping the company afloat during its corporate restructuring. This could turn out to be an interesting battle. Stay tuned for more information.

By Ubergizmo. Related articles: Kodak granted approval to auction its patent portfolio, Google files complaint against Microsoft and Nokia over “mobile patent abuse” in the EU,

Apple request to transfer patent suit involving Kodak denied by court

Kodak was forced to file bankruptcy after it has been unable to compete in the changing photography market. The company’s big move to pull itself out of bankruptcy and reorganize into something profitable has been to sell off two large patent portfolios. The problem for Kodak is that one of the patents in the portfolio was recently invalidated in court. Apple is also been seeking to transfer a patent suit between it and Kodak out of bankruptcy court and into a New York District Court.

Judge George Daniels has denied Apple’s request to move its patent suit against Kodak into his courtroom. Judge Daniels said that before Apple could have the case moved to his court, Bankruptcy Judge Allan Gropper, overseeing Kodak’s bankruptcy proceedings, must rule on key issues. Daniels said that Gropper should have “an opportunity to render a decision on the motion and to have an opportunity to control and move forward the process.”

Kodak has already filed suit against Apple accusing Apple of interfering with its plans to sell its patent portfolio by claiming ownership of 10 inventions the two companies worked on together. Those 10 inventions are covered in various patents that Apple claims Kodak filed for alone when both companies worked on the technology. The product the two companies worked on together included the QuickTake digital camera.

and[via Appleinsider]


Apple request to transfer patent suit involving Kodak denied by court is written by Shane McGlaun & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.


Patent suit loss could hurt Kodak’s auction

With Kodak’s bankruptcy, the company is attempting to sell off two large patent bundles. The company has had difficulty raising the interest in its patent auction that had originally hoped. Kodak’s chances of making a big payday on its patent auctions are now even less likely after the photography giant lost a key patent suit in court.

The blow to Kodak was more than simply losing in its intellectual property case against both Apple and RIM. The court ruled that the patent, which Kodak had been making money licensing already, was invalid. The patent in question has to do with the way images are previewed on digital cameras and is one of the about 1100 patents Kodak is trying to sell.

With one patent in the portfolio been ruled invalid, bids will likely be significantly lower than they would have previously. Kodak’s says that the patent in question had been ruled valid in prior cases, and that it intended to appeal the ruling.

“Any time one of your prime assets is considered invalid, it hurts the overall value of your patents in a major way,” says Dean Becker, chief executive of ICAP Patent Brokerage.

[via WSJ]


Patent suit loss could hurt Kodak’s auction is written by Shane McGlaun & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.


Windows Phone Kodak Pic Flick app pushes photos to printers — as long as you have version 7.5

Kodak Pic Flick app moves photos from Windows Phones to printers and digital frames  as long as you have the latest software

Kodak’s recent announcements may have circled around patent brawls (and victories), but if you’ve indentured yourself to the company’s range of all-in-one printers and digital photo frames, you might want to pick up its new Windows Phone app. Pic Flick will share your images with compatible hardware through WiFi — provided you’re connected to the same network on your phone. It’s largely identical to the existing iOS version, albeit cocooned in Microsoft’s metro style, and includes a handful of simple editing tools and filters. However, you will need to check that your Windows Phone is running version 7.5 or later. If you pass that requirement, hit up the source for the download.

Filed under: ,

Windows Phone Kodak Pic Flick app pushes photos to printers — as long as you have version 7.5 originally appeared on Engadget on Thu, 19 Jul 2012 13:59:00 EDT. Please see our terms for use of feeds.

Permalink WMPoweruser  |  sourceKodak Pic Flick (Windows Phone Marketplace)  | Email this | Comments

Kodak granted approval to auction its patent portfolio

Kodak won an approval from the Bankruptcy Court earlier this week to auction its patent portfolios. Both Apple and FlashPoint have previously asserted ownership of a few of Kodak’s 1,100 patents, however, the Bankruptcy Court has finally ruled that all of the patents found in its patent portfolios are of Kodak’s.

Additionally, Kodak has been granted by the court the right to sell its patents, subject to the applicable provisions of the U.S. Bankruptcy Code. Kodak is selling the patents under section 363 of the U.S. Bankruptcy Code which permits a sale free and clear of any adverse claim or interest. The patents will be sold in a fair, competitive process overseen by the Bankruptcy Court.

At closing, the winning bidder can obtain an order of the Bankruptcy Court that protects it against any third-party ownership claims. “We are gratified that the Court has enabled us to move ahead with our patent auction in a timely manner and with clarity on ownership for the winning buyer,” Kodak Vice President Timothy Lynch said. The auction will be held sometime in August.

By Ubergizmo. Related articles: Apple wins 27 new patents, obtains patent for inductive charging, Kodak sues Apple, citing patent sales interference,

Kodak gets the green light to sell digital imaging patents

Kodak gets the green light to sell digital imaging patents

It’s been a long road for Kodak to get to this point, but it seems the floundering company has finally won approval to sell off its digital imaging patents. Over the objections of Apple and Flashpoint (nothing like kicking a company when its down), the Bankruptcy Court awarded Kodak the right to auction off its Digital Capture and Kodak Imaging Systems and Services (KISS) patent portfolios. While the challenges haven’t been completely dismissed, the ruling provides an opportunity for the struggling Rochester firm to move ahead with its auction plans in the face of what it calls “baseless claims.” Soon enough the bids for the rather sizable and valuable portfolios will start rolling in, and should provide Kodak with enough cash to keep its head above water for a little bit longer. For more detail, check out the PR after the break.

[Image Credit: MercerFilm]

Continue reading Kodak gets the green light to sell digital imaging patents

Kodak gets the green light to sell digital imaging patents originally appeared on Engadget on Tue, 03 Jul 2012 12:25:00 EDT. Please see our terms for use of feeds.

Permalink Phys.org  |   | Email this | Comments

Kodak patent auction gets the go ahead despite Apple objections

Photography giant Kodak has been circling the drain as its fortunes have taken a turn for the worse. The company entered bankruptcy protection from creditors a while back and has been eyeing a patent auction to help generate money to reorganizing and come back from bankruptcy. The problem for Kodak so far has been in that the patent auction has generated very little interest.

Another big problem for Kodak and its patent auction plans was that Apple, and a company called FlashPoint objected to some of the patents that Kodak planned to put up for auction. Apple claimed ownership of 10 of the patents Kodak is trying to sell as part of a Kodak and Apple collaboration on the QuickTake camera in the 90s. Kodak denied either of the two companies own any of the patents in its portfolio.

Despite Apple’s objections and claims of ownership for some of the patents, the court cleared the way for buyers to submit bids on a confidential basis for the auction expected to be held early next month. The auction will be for two patent bundles with one containing about 700 patents covering image capture, processing, and transmission technologies for digital cameras and other devices. The second portfolio has about 400 patents covering tools for image analysis, manipulation, tagging, and more.

“The Apple and FlashPoint claims are baseless and Kodak will still seek dismissal on summary judgment in July,” Timothy Lynch, Kodak Vice President and Chief Intellectual Property Officer, said.

[via AFP]


Kodak patent auction gets the go ahead despite Apple objections is written by Shane McGlaun & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.