Key Patent in Kodak’s Lawsuit Against Apple Tossed by Judge
Kodak has been selling off its assets left and right as it tries to dig itself out of its financial hole. Most recently, it “successfully” sold its Gallery business to Shutterfly. But Kodak’s most prized possession, and the sale it was hoping to make up the most ground with, is its massive collection of patents split into two portfolios.
Kodak is appealing the decision, and the company’s chief intelectual property officer Timothy Lynch said that he was “confident” the issue would “conclude in Kodak’s favor.” But if patent 6,292,218 is ultimately ruled invalid, it could mean a serious drop in value for at least one of Kodak’s two patent portfolios valued at nearly $5 billion when added together.
Image credit: 080809_Kodak_Logo by DragonFlyEye