Today, Kodak announced the $525 million sale of its patents to two firms, Intellectual Ventures and RPX Corporation. It is interesting that the two companies will work with 12 intellectual property licensee to pay a portion of the over $500 million price tag. The 12 licensees, who aren’t listed by name in Kodak’s press release, would all receive varying access to the digital imaging patent portfolio and other Kodak patents included in the sale. In turns out that Apple, Google, and many other large tech companies, will provide cash toward the purchase as licensees.
Bloomberg is reporting, as relayed by Business Insider, that the 12 companies are made up of Apple, Google, Samsung, Microsoft, Facebook, and just about every major player in the tech business:
There is no word on how much each company paid, or if it was a cool $43 million each, and it is unclear what exactly each company will have rights to as part of the deal.
