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HomeNewsTechnologyKodak gets patent bid from Apple, Google

Kodak gets patent bid from Apple, Google

Apple and Google, bitter rivals in smartphone technology, have joined up to make a combined bid for a bundle of patents offered by photography ...

December 11, 2012 / 09:55 IST

Apple and Google, bitter rivals in smartphone technology, have joined up to make a combined bid for a bundle of patents offered by photography pioneer Kodak, according to a published report.Bloomberg News reported Saturday that Apple Inc. and Google Inc. have abandoned competing bids for the portfolio to offer a combined $500 million. The sum is the minimum Kodak can sell the patents for and still get an $830 million loan that's crucial to getting the company out of bankruptcy.Apple and Google join forces for Kodak patents

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first published: Dec 11, 2012 09:48 am

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