Kodak shopping its IP wares, looks to cash in on the patent buying craze

Pssssst… wanna buy some Kodak patents? The venerable photography firm has decided to unload a fair chunk of its IP — 1,100 patents, give or take — to boost its bottom line. You see, Kodak’s got cash flow problems, and it thinks selling a portion of its portfolio is part of the solution. The company must’ve seen dollar signs after Nortel made a mint selling its patents, as Kodak’s now marketing its IP merchandise using the same firm that helped Nortel do its record deal. Strong move Kodak, now if you can just settle up with Apple and RIM , you’ll really be in the money. Kodak shopping its IP wares, looks to cash in on the patent buying craze originally appeared on Engadget on Thu, 18 Aug 2011 08:52:00 EDT. Please see our terms for use of feeds . Permalink

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