Kodak may retain patents put up for sale in bankruptcy

by Blog Burger on September 15, 2012

New York: Eastman Kodak Co, which put patents up for sale at a bankruptcy auction, is consulting with creditors about retaining the patents and forming a licensing company. Kodak has been engaged in “extensive ongoing negotiations” for a potential sale and licensing transaction, the company said in a filing Friday in US Bankruptcy Court in Manhattan. “The debtors are continuing to explore other alternatives with respect to the digital imaging patent assets, and their intellectual property more broadly, and may not reach acceptable terms with parties via the auction process,” Kodak said. Kodak, based in Rochester, New York, put more than 1,000 patents on the auction…

WN.com – Science News

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