Eastman Kodak Co. plans to sell off its personal imaging and document imaging businesses, which include consumer film and scanners, as part of its efforts to emerge from Chapter 11 bankruptcy while iconic photo company’s attempts to auction off its digital imaging patent portfolio remain ongoing, the company said Thursday.
Kodak is seeking to shift its primary focus to commercial, packaging and functional printing solutions and enterprise services, the company said.
The sale of the imaging businesses will work in concert with continued cost-reduction initiatives, curtailment of Kodak’s legacy liabilities, and the monetization of the company’s digital imaging patent portfolio to hasten the company’s exit from bankruptcy, Kodak said.
“The initiation of a process to sell the personalized imaging and document imaging businesses is an important step in our company’s reorganization to focus our business on the commercial markets and enable Kodak to accelerate its momentum toward emergence,” Kodak Chairman and Chief Executive Officer Antonio M. Perez said. “In addition, we continue our initiatives to reduce our cost structure and streamline our operating models in an effort to return the company to profitability.”
“We are reshaping Kodak,” he said. “We continue to rebalance our company toward commercial, packaging and functional printing – in which we have the broadest portfolio solutions – and enterprise services. These businesses have substantial long-term growth prospects worldwide and are core to the future of Kodak.”
Kodak’s efforts to auction off the digital imaging patents have yet to produce a sale. The auction is most notable for bringing together unlikely allies like Google Inc., Apple Inc., Samsung Electronics Co., LG Electronics Inc. and HTC Corp., as the Wall Street Journal reported Wednesday.
“In accordance with its prior announcement, the company is continuing discussions with parties with respect to the potential sale of its digital imaging patent portfolio,” Kodak said Thursday. “The company reiterates that it has made no decision to sell the portfolio and Kodak may, in consultation with creditors, retain the portfolio as an alternative source of recovery for creditors.”
San Diego – Google Inc. subsidiary Motorola Mobility LLC fired off two new salvos in its patent war with Apple Inc. over the weekend in the U.S. International Trade Commission and Delaware federal court, claiming Apple’s wide range of computers and mobile devices are based on patented Motorola technology and must be stopped from entering the U.S.
San Diego -After five years of contentious litigation and three separate jury verdicts, Carl Zeiss Vision International’s patent infringement lawsuit against Signet Armorlite finally ended in an award of triple damages. Filed in U.S. District Court, Southern District of California in San Diego, the case involved a patent (6,089,713) owned by Carl Zeiss which covers “spectacle lens with spherical front side and multifocal back side and process for production”. Most notably, the Judge tripled the damages after he determined that Signet had been infringing on Zeiss’ patent for six years and that the infringement continued even after Signet knew that the infringement was willful.
San Diego – Six years may seem like a long time to wait for the award of a patent. However, Facebook CEO Mark Zuckerberg patiently waited for approval on an application governing certain privacy settings for six long years. There was definitely cause for celebration by Zucks when it was announced last week that he had been granted his first patent. Patent number 8,225,376 is listed as “a system and method for dynamically generating privacy summary” and was awarded to inventors Zuckerberg and Facebook’s former Chief of Privacy Officer, Chris Kelly.
San Diego – Carfax is known for its comprehensive vehicle history database which allows customers to verify that new vehicle purchases haven’t been in an undisclosed accident. According to the United States Patent and Trademark Office, Carfax has embarked upon a foray into the patent world. From the patent it appears that Carfax is moving toward further assistance with the insurance industry. To that end, Carfax announced this week that it received a Notice of Allowance from the United States Patent and Trademark Office for its patent application for a “system and method for insurance underwriting and rating” identified as Serial number 13/181,736. The USPTO typically issues a Notice of Allowance once it comes to an initial determination that a patent can be granted from a review of a patent application.
San Diego – In a scenario akin to a science-fiction movie script, the coffee filtration system marketplace could soon be flooded with clones. Fortunately, it is anticipated that the clones won’t be dangerous to anyone except perhaps those folks attempting to brew the perfect cup of coffee. For the connoisseur of that perfect cup of freshly brewed joe, there will be an anxious watch on the grocery store isle very soon, since Green Mountain Coffee Roaster’s (GMCR) patents 5,325,765 and 5,840,189 will either partially or completely expire in September 2012.
San Diego – After a long and vicious battle over competing patent infringement claims, two of the Internet’s most popular destinations – Facebook.com and Yahoo.com – have agreed to drop respective lawsuits and license patents to each other. The original Yahoo lawsuit was initiated in March 2012, during the short-lived leadership of its controversial CEO, Scott Thompson. Facebook fought back by filing its own patent infringement lawsuit in April.
San Diego – The leading cellular phone chipmaker, Qualcomm, has announced its plan to create a subsidiary company in order to protect its patents. In light of increasing cellphone technology patent infringement lawsuits, such as the cases that Samsung and Apple are currently facing, it has been reported that Qualcomm’s move to use two different companies is to avoid similar lawsuits in the future.
San Diego – Intel recently acquired 1,700 patents from InterDigital’s wireless technology intellectual property portfolio. The purchase essentially saved InterDigital as it had been rumored to closing its doors altogether. In February InterDigital had stated that it was eager to sell the bulk of its patents and it was on the lookout for a buyer.
San Diego – Merck announced today that it was not successful in its recent patent infringement lawsuit to protect the patent for its best selling drug Nasonex. The lawsuit, filed in 2009, was intended to stop Canadian drug manufacturer Apotex from selling a generic version of its popular nasal allergy drug.


