May 16, 2008 - Eastman Kodak announced that it has settled its patent dispute with St. Clair Intellectual Property Consultants, Inc., which had filed a complaint against Eastman Kodak with the US International Trade Commission in January 2007. The complaint alleged that Kodak infringed St. Clair's patents pertaining to certain digital cameras and component parts.
The parties entered into a settlement agreement on May 14, 2008, ending the litigation and granting Kodak a full release and license to the patents. St. Clair will also grant patent licenses to two other companies of Kodak's choosing.
Excellent news for Kodak I must say in patent land. I am glad 2 other companies are able to use patent licenses at the choice of Kodak.
It is just mind boggling how many companies are going through litigation due to patent infringement.