December 2012

Reuters.com - "Kodak in $525 mln patent deal, eyes bankruptcy end"

Kodak finally found a buyer for its 1,100-patent digital imaging portfolio, and an end to its bankruptcy may be in sight. A consortium led by Intellectual Ventures and RPX Corp. and including Apple, Google, Adobe, Amazon, Samsung, Microsoft, Research in Motion, HTC, Huawei and Shutterfly will acquire the patents. This is good news for Kodak, but Alexander Poltorak comments on why Kodak's patent auction didn't produce the kind of bidding bonanza that Nortel Networks' patent auction did in 2011.

Industry Leaders Magazine - "Kodak sells imaging patents for $525m, coming close to bankruptcy end"

With a consortium of Big Tech companies purchasing its patents for $525 million, Kodak may soon find its way out of bankruptcy. But the selling price fell quite short of the amount at which the patents were initially valued. GPC's Alexander Poltorak explains why. ("Kodak sells imaging patents for $525m, coming close to bankruptcy end" Industry Leaders Magazine - December 20, 2012)

Jury Finds Apple iPhone Infringes 3 MobileMedia Patents

Submitted by patentadmin on Mon, 12/17/2012 - 09:11

December 17, 2012 - A federal jury in Delaware found that Apple's iPhone infringes three patents belonging to MobileMedia Ideas, a non-practicing entity owned jointly by Sony, Nokia and MPEG LA.

The lawsuit originally included fourteen patents, but the case only went to trial over three. The jury found that those three patents are infringed by the iPhone's camera and methods of call handling and call rejection.

LendingTree, QuinStreet Settle Patent Infringement Lawsuit

Submitted by patentadmin on Mon, 12/10/2012 - 14:33

December 10, 2012 - A lawsuit between LendingTree LLC and QuinStreet Inc. has been resolved.

LendingTree brought the lawsuit against QuinStreet in September 2010 for infringement of a patent on coordinating loans over the Internet. Under the terms of the settlement, QuinStreet agreed not to challenge the LendingTree patent's validity and licensed the patent.