Feeds

Apple and Google go head-to-head over Kodak patent sale

Tech firms draw battle lines in IP auction

Internet Security Threat Report 2014

Apple and Google have joined rival investor groups hoping to bag Kodak's 1,100-strong patent portfolio. The groups are offering warm-up bids of between $150m and $250m – though Kodak reckons the patents could eventually haul in up to $2.6bn.

Apple is part of a group that includes Microsoft and patent aggregation firm Intellectual Ventures Management, the Wall Street Journal heard from sources. The competing group has Google, Samsung, LG and HTC in it as well as patent firm RPX. Both lots started their bidding last week.

Already facing each other, indirectly, in the various patent battles sprawled across the globe, the fruity firm and the Chocolate Factory are going head-to-head to seize the digital imaging portfolio from bankrupt Kodak, which includes patents Apple has already tried to claim it owns.

The companies squared up last year over the auction from Nortel Networks, with an Apple and Microsoft group bagging the portfolio with a winning bid of $4.5bn.

Patent sales like this are big business, enough so that Kodak hopes the sale could help it dig its way out of the red and into being a printer company. The firm has said it reckons the portfolio on the auction block could be worth up to $2.6bn.

Bids normally start small to show interest and draw out the competition before the serious negotiations start.

Kodak's digital capture patents are the ones the smartphone and tablet makers are after, because the technology is also used to snap pics on mobile devices.

The patent aggregation firms have joined the consortia to bag intellectual property – which they can later charge other firms for using, bagging licensing fees or even court damages.

The auction is set for tomorrow. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Big Content outs piracy hotbeds: São Paulo, Beijing ... TORONTO?
MPAA calls Canadians a bunch of bootlegging movie thieves
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
Hungary's internet tax cannot be allowed to set a precedent, says EC
More protests planned against giga-tariff for Tuesday evening
US court SHUTS DOWN 'scammers posing as Microsoft, Facebook support staff'
Netizens allegedly duped into paying for bogus tech advice
prev story

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.