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Judge approves Kodak patent sale

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A group led by Google and Apple have been approved to purchase Kodak's patent portfolio for $527 million. The photography pioneer is looking to exit bankruptcy, and the patent sale was one of the final remaining hurdles to do so. While the figure may seem significant, Kodak's advisory firm had estimated the patents could bring in $2 billion when accounting for future licensing. No ...

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Kodak had zero leverage against a "group" of the biggest tech companies in the world, how odd. I'm positive this sale of Kodaks' patents will do nothing but further competition among the "consortium" and help the consumer.
This message has been edited since its posting. Latest edit was made on 14 Jan 2013 @ 2:39
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