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WSJ reported yesterday that Kodak’s upcoming patent auction already has 2 bidders: Google and Apple, and each has bids between $150 million and $250 million so far. Kodak, however, is expecting up to $2.6 billion for its 1,100 digital patents to pay off its creditors.
This may be wishful thinking for Kodak, but who knows how fast the bids will escalate with Apple in there. Apple doesn’t really care about the money they have to spend, so they will try to at least raise the cost for Google as much as pos…
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Google, Apple start bidding for Kodak’s digital patents
Lucian Armasu – androidauthority.com