Filings with the U.S. Patent and Trademark Office revealed on Tuesday that the transfer of a number of patents from Kodak to Apple has begun, with the iPhone maker taking ownership of several patents covering aspects of digital photography.
Kodak has been granted a deadline extension to retain exclusive control of its bankruptcy case through February, as the company continues to hope it will be able to sell off its patent portfolio to a list of potential buyers that include Apple and Google.
It was revealed in court documents filed on Friday that Kodak's patent auction will reach a final hearing on Aug. 30, pointing to a possible sale a week earlier where the company will determine which bidder, if any, has won the rights to the valuable digital imaging portfolio.
Apple is seeking to buy up Kodak patents, reportedly as part of a consortium that includes Google and various Android licensees, all of whom would benefit from keeping the firm's imaging rights out of the hands of patent trolls.
A judge on Thursday denied Apple's request to transfer its patent dispute with Kodak to a New York district court, a venue change that could have hindered plans to sell off patents from the bankrupt photography company's lucrative portfolio.
The U.S. International Trade Commission on Friday dismissed a Kodak lawsuit against both Apple and Research in Motion that claimed the two companies infringed on a patent regarding previewing images with a digital camera.
A bankruptcy court judge has approved the sale of a collection of over 1,100 of Kodak's patents in spite of Apple's attempts to block the auction on the grounds that it has a claim on some of the intellectual property.
Kodak suffered a major setback on Monday as an initial ruling from the U.S. International Trade Commission determined that one of the company's key patents is invalid — a decision that could potentially reduce the value of Kodak's soon-to-be-auctioned patent portfolio.
A U.S. Bankruptcy Court judge on Thursday declared that Apple must not move forward with its patent suit against Eastman Kodak, and barred the iPhone maker from instigating any future litigation involving the bankrupt company.
As bankrupt Kodak looks to sell off its assets and streamline the company, it has sold its online photo business to Shutterfly for $23.8 million, while the sale of about 1,100 digital patents remains on hold because of a patent dispute with Apple.
After ABC Nightline's special episode on Apple's supply chain ran on Tuesday, the iPad maker has issued a correction on one claim by the show, while the U.S. International Trade Commission has agreed to investigate a recent lawsuit brought by ailing Eastman Kodak against Apple and HTC. Finally, Samsung announced on Thursday that it has sold 20 million Galaxy S II units since the smartphone launched last April.
Unable to maintain a steady supply of money from its digital imaging patents, storied photography pioneer Eastman Kodak announced late Wednesday that it is filing for chapter 11 business reorganization and bankruptcy protection.
A new report has rung an early death knell for once-mighty photography pioneer Eastman Kodak, claiming that the company is preparing a bankruptcy protection filing in case it is unable to sell off its digital imaging patents.
With Eastman Kodak's cash reserves continuing to dwindle, the U.S. International Trade Commission has pushed back the expected date for a final decision on the company's patent infringement complaint against Apple from December of this year to September 2012.