Google and Apple open bidding for Kodak’s patents

Google and Apple open bidding for Kodak’s patents
Kodak is one of the giants in the camera industry and now that the company has declared bankruptcy, it’d rely on its patents to pay out creditors. Luckily, it has two investor groups bidding for the patents, one headed by Apple and the other one led by Google.

While this sounds like good news for the value of the patents as both Apple and Google have plenty of reasons to get more patents, the initial bids came lower than expected. Kodak expects to get $2.6 billion out of its patent portfolio, but if the bidding continues as it started the sum might come in lower than that. Initial bids came at between $150 million and $250 million.

For Google, Kodak’s patents would mean strengthening the Android ecosystem and giving a feeling of safety to Android manufacturers that are now getting slammed with patents from Apple and others.

Apple on the other hand will definitely use the patents to its advantage. The company in Cupertino has plenty of cash to outbid Google if it wants, and adding those new patents might fortify its legal attacks.

source: AllThingsD


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34 Comments

1. -box-

Posts: 3991; Member since: Jan 04, 2012

Good luck, Google! Keep the patent troll at bay!

23. stealthd unregistered

The Google cheerleading here is just bizarre. This is how fanboys are born.

26. jroc74

Posts: 6023; Member since: Dec 30, 2010

Seeing how Google and Apple has done with their patents.....I say its a valid point. Not so much cheering for Google...but cheering against Apple. More patents for more lawsuits? To repeat what he said: Good luck Google! Keep the patent troll at bay!

31. joey_sfb

Posts: 6794; Member since: Mar 29, 2012

Patent are anti-consumer. Should reduce their life cycle to 3 years.

2. PapaSmurf

Posts: 10457; Member since: May 14, 2012

Dear Google, Please outbid the rotten fruit and get these parents. Give Kodak the $2.6 billion they are asking for and use these patents to your advantage. Sincerely, a happy Android user.

15. nofear

Posts: 151; Member since: Jun 22, 2012

Very nicely said and thank you for your support.

3. ahomad

Posts: 175; Member since: May 15, 2012

"The company in Cupertino has plenty of cash to outbid Google if it wants" I don't agree with this point. Google is as rich as apple (may be not as much) but they have more than $40 billion in reserve. and I am sure that Apple won't pay more than that for these patents. so it is not a matter that apple will get it if they want to. its a matter of which one (Apple or Google) think it deserve more and which one is willing to pay more.

4. bloodline

Posts: 706; Member since: Dec 01, 2011

last thing we want is apple getting these,

5. chocolatebear76

Posts: 123; Member since: Mar 03, 2011

Is apple really got more money than google?i wish to know this fact

12. Ohrules

Posts: 327; Member since: Jun 11, 2012

6. mercorp

Posts: 1045; Member since: Jan 28, 2012

Nokia,YU NO JOIN IN THE FUN?

21. TROLL

Posts: 4851; Member since: Apr 13, 2012

Cause they have no cash flow.

7. Fallout09

Posts: 421; Member since: Oct 17, 2011

I hate to say it but I see Apple flexing there wallet in a show of power. Good luck Google.

8. Stayfly2407

Posts: 80; Member since: Dec 15, 2011

Come on APPLE! Make it rain on google lol we need this

24. iamcc

Posts: 1319; Member since: Oct 07, 2011

You sure do.

9. dragonscourgex

Posts: 307; Member since: Jan 16, 2012

Apple should not be allowed to even bid. Google is trying to get them to protect themselves and their partners so they can keep making an awesome OS and awesome phones. Where Apple, is just trying to get them so they can go on the attack and hopefully setup a ecosystem where they are the only one with a smartphone and if anyone else does comes out with one, they would have pay a crap load to Apple for license fees. This would not be good for the consumers.

10. darkvadervip

Posts: 366; Member since: Dec 08, 2010

Let's go apple and Microsoft needs to be the backup to apple. Time to demolish google

11. marchels14 unregistered

if Google dos not get these patents all the other companies who make smartphones are screwed and we are also ,so Google please buy them if you don't the fair smartphone market is over and rain of rotter Apple begins to rise.

13. xtian1103

Posts: 364; Member since: Feb 11, 2012

as if you are 100% sure google won't use these patents to stop it's competitors. as much as you want to portray google as a hero fighting a villain, there's still a devil inside them.

14. MartyK

Posts: 1043; Member since: Apr 11, 2012

Name one company Google sue that did not sue them first!!. And a link also..no just-because-you say-so either.

17. xtian1103

Posts: 364; Member since: Feb 11, 2012

"the hand in the cookie jar!"http://en.wikipedia.org/wiki/Criticism_of_Goo​gle

19. audiblenarcotic

Posts: 114; Member since: Nov 16, 2011

I used your link and it lead to a page that doesn't exist.

22. xtian1103

Posts: 364; Member since: Feb 11, 2012

oh sorry to make you work harder. you can search it from mr. google if you want. i'm not forcing you to do so, but then that supposed to be the link for martyk.

27. matrix_neo

Posts: 334; Member since: Nov 03, 2011

as usual اsheep can't support their claims... there's a devil also inside a fruit (a.k.a. apple) look those people who ate that fruit... they became part of a cult. It's quite obvious you're being a part of them now. What do you think apple will do with Kodak patents? If they able to use those patent in suing Samsung and other companies, how much more if they owned Kodak patents. Think first before you post!!!

28. jroc74

Posts: 6023; Member since: Dec 30, 2010

Exactly. Even if it they did sue first....must not have been a big deal. I'm sure there would be news about it. Its not so much cheering for Google, but cheering against Apple. Ppl that have seen whats happened with lawsuits over the past 3 years should understand this.....unless they are Apple, iPhone fanboys.

16. andro.

Posts: 1999; Member since: Sep 16, 2011

If Apple gets these patents they will lead a legal tirade against every phone manufacturer and camera manufacturer possible. Also any Kodak patents or innnovations will also be name wiped from history and hence forth be known as 'apple' innovations and inventions.

34. darkkjedii

Posts: 31286; Member since: Feb 05, 2011

So!!!

18. 9_HeLLs_oF_DrOid

Posts: 127; Member since: Jan 02, 2012

Google will definitely lose. Apple has cash and that's what matters.

20. blazee

Posts: 414; Member since: Jan 02, 2012

Btw I'm loosing the good perception of Microsoft now that they are teaming up w apple on this

25. Gaurav008

Posts: 328; Member since: Jul 20, 2012

Google is also getting the support of Samsung ,LG And HTc...as their partners in bidding...while apple is teaming up with Microsoft...Fair Enough...i guess..

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