Intellectual Ventures has announced a settlement with Olympus over a patent infringement battle launched against the camera maker back in September 2011. The patent-holding company, one of the top 5 owners of patents in the United States, is infamous for its “patent trolling”, or making money simply by licensing patents from companies and then suing other companies for infringement.
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. Read more…
It wasn’t too long ago that Kodak filed multiple patent infringement lawsuits against Apple in a scramble for life-giving cash, but now the tables have turned. Less than a month after Kodak filed for bankruptcy and announced the end of its camera business, Apple is reportedly in the process of asking the court for permission to sue bankrupt Kodak for infringing on Apple’s patents in its printers, digital cameras, and digital picture frames. This back and forth IP fight is one that Kodak might not be in for long: the company is still trying to sell off its portfolio of roughly 1,100 imaging patents.
(via Bloomberg via Ars Technica)
Image credit: Knockout by What What
Perhaps lost amidst the excitement over new cameras at CES 2012 earlier this month was the SD Association’s unveiling of a new Wi-Fi data transfer standard. This new specification should make it easier for other memory card manufacturers to jump into the Wi-Fi-capable memory card game — an arena currently dominated by Eye-Fi (and more recently Toshiba).
Eye-Fi is, predictably, not happy with this latest development. The company is itself part of the SD Association, but has chosen not to back the standard. In a blog post published last week, CEO Yuval Koren argues that any company implementing the new standard would violate Eye-Fi’s patents for technology that took “tens of millions of dollars and several years” to create.
(via Eye-Fi via Engadget)
Image credit: Eye-Fi card by sphynge
Kodak might be on its deathbed, but that’s not stopping the company from launching a new volley of lawsuits over patent infringements. Already trying to milk $1 billion from Apple, the company has filed new lawsuits against smartphone makers Apple and HTC, alleging that Apple violated four of its patents and HTC five. The lawsuits center around technology for transferring photos on and off devices. While today’s lawsuits might simply be a creative marketing effort in Kodak’s attempt to sell off its patent portfolio, the market seems pleased with it: the stock price jumped nearly 40% today.
(via Foss Patents via Engadget)
Image credit: Two Against One by Alistair Knock