Summary: It seems possible that Kodak’s patent portfolio will be sold to a yet-unknown buyer that can silently tax society with them
THE state of Kodak is rather critical, so its patents seem increasingly likely to be dispersed and scooped up by monopolists and/or trolls. To quote: “A U.S. judge, Allan Gropper, has ruled that Kodak may sell its patents through the bankruptcy process.
“We already saw what happened to Nortel and Novell.”“An order will be approved that will give the print and photography corporation the opportunity to sell any of over 1,100 patents Kodak currently owns, according to a hearing on Monday.
“As part of a last-minute attempt to downsize the company, restructure and focus on printing services rather than the photography market — potentially saving the beleaguered former photography giant — the NY-based corporation wishes to gain additional revenue by trading patents that relate specifically to digital imagery. These patents focus on processes including shrinking, manipulating, editing and sharing.”