Saturday, May 14, 2011

KODAK WINS IN APPLE'S PATENT INFRINGEMENT CASE


An International Trade Commission (ITC) judge has ruled that Kodak did not infringe upon camera patents held by Apple. Reuters is reporting that an administrative law judge rejected the Cupertino-company’s claims, with a final decision by the ITC due on September 19th.

Kodak, although not as prominent as it once was when film reigned supreme, still holds a treasure-trove of patents. “Many investors see Kodak’s value in its lucrative portfolio of intellectual property,” reads the report. “It has more than 1,000 patents and it made an estimated $630 million in 2010 from its licenses. But analysts have said this revenue from licenses is unpredictable and the portfolio might eventually dwindle.”

Kodak has a pending suit filed against both Apple and Research In Motion, again surrounding smartphone camera technology, that is set to be decided upon on May 23rd.

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