kodak patent auction approved over apple complaint
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Kodak patent auction approved over Apple complaint

Arab Today, arab today

Arab Today, arab today Kodak patent auction approved over Apple complaint

London - AFP

Beleaguered photography pioneer Kodak said a US bankruptcy court has approved its bid to auction off more than 1,100 patents despite objections by Apple and FlashPoint over a small number of them. Buyers will submit bids on a confidential basis for the auction, which is expected to be held early next month, Kodak said in a statement Monday. "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. "Today's ruling provides a court-approved process allowing buyers to acquire the patents free and clear of all ownership allegations, regardless of the status of the dispute with Apple and FlashPoint at the timeof closing." Neither Apple nor FlashPoint could immediately be reached for comment. Eastman Kodak filed for bankruptcy in January, succumbing to a 15-year digital assault by younger rivals. The company hopes that Chapter 11 bankruptcy protection will give it time to reorganize its businesses to avoid being shut down entirely. The auction will include a bundle of some 700 patents covering image capture, processing and transmission technologies for digital cameras and other devices, including smartphones and tablets equipped with cameras. The other portfolio, including some 400 patents, covers tools for image analysis, manipulation, tagging, and network-based services. The Rochester, New York-based company, started in 1892, led the way in popularizing the cameras, film, slide projectors and home videos that allowed generations of users to preserve family photos and other memories.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

kodak patent auction approved over apple complaint kodak patent auction approved over apple complaint

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

kodak patent auction approved over apple complaint kodak patent auction approved over apple complaint

 



GMT 10:35 2017 Saturday ,06 May

Outlasts Moriya in match play sibling duel

GMT 18:43 2018 Thursday ,06 September

Open sit-in protest against demolition of Khan Al-Ahmar

GMT 20:33 2017 Saturday ,08 July

US, Russia agree on ceasefire in southwest Syria

GMT 20:56 2017 Monday ,13 February

Netanyahu opposes Palestinian state

GMT 07:04 2017 Thursday ,16 March

Ministry of Justice celebrates Women World Day

GMT 17:51 2017 Monday ,23 October

Bahrain temporarily frees female activist

GMT 10:33 2018 Wednesday ,03 January

Govt striving hard to eliminate polio, hepatitis: Saira

GMT 00:38 2016 Monday ,19 December

Sisi leaves for Uganda on brief visit
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday