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Bankrupt Eastman Kodak to sell patents for $525 mln

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Published: Wednesday, 19 Dec 2012 | 8:29 AM ET

Dec 19 (Reuters) - Bankrupt camera maker Eastman Kodak Co agreed to sell its digital imaging patents for about $525 million to a consortium led by Intellectual Ventures and RPX Corporation.

Kodak said a portion of the payment will come from 12 intellectual property licensees organized by Intellectual Ventures and RPX Corporation.

The Kodak bankruptcy case is in Re: Eastman Kodak Co. et al, U.S. Bankruptcy Court, Southern District of New York, No. 12-10202.

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Dec 19- Bankrupt camera maker Eastman Kodak Co agreed to sell its digital imaging patents for about $525 million to a consortium led by Intellectual Ventures and RPX Corporation. Kodak said a portion of the payment will come from 12 intellectual property licensees organized by Intellectual Ventures and RPX Corporation.
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