Apple, Google Bid on Kodak’s Patents

August 7, 2012

Eastman Kodak, which is planning to auction 1,100 digital patents, received two bids from investor groups including Apple Inc and Google Inc of between $150 million and $250 million, the Wall Street Journal reported. Bankrupt Kodak is selling the patents, which it believes could be worth $2.6 billion, in order to repay creditors.

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