RPX Corporation Posts

Kodak Sells $525 Million Worth Of Patents To Consortium Of Companies Including Apple and Google

Kodak has sold around $525 million worth of patents to a consortium of companies known as Intellectual Ventures and RPX Corporation.  Intellectual Ventures represents a portfolio of patents used by Apple and RPX represents a portfolio of patents for Google.  The sale of the patents will help Kodak with the bankruptcy restructuring process.  Kodak has been trying to sell the patents for a while and at one point they claimed Apple was intervening with the process.

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