IPNews® – Eastman Kodak Co. told a New York bankruptcy court Friday that it would put its plans to sell off its digital imaging patent assets on hold until further notice, given its difficulty soliciting high enough bids, and could potentially license the patents instead.
Kodak has been trying to auction off its patent portfolio
IPNews® – Eastman Kodak Co. announced plans Thursday to sell off part of its imaging businesses while it continues to try to sell off its digital imaging patent portfolio as part of its Chapter 11 bankruptcy process.
While Kodak’s patent auction efforts have yet to yield a sale, the company said it is continuing discussions
IPNews® – Kodak has recently lost its patent infringement case against Apple and RIM.
Currently in the middle of Chapter 11 bankruptcy proceedings, the digital imaging company had hoped for a settlement and to force its two rivals to pay licensing fees. Though initially disheartening for the struggling company, the outcome of the case is