Apple, Samsung And Google Team Up To Acquire Kodak’s Photography Patents
Photography giant Kodak is on the verge of bankruptcy, which is why it’s auctioning its 1,100 digital photography related patents. The bidders in these auctions typically are “consortiums” composed of multiple companies hoping to utilise their collective resources to acquire these patents.
This may sound bizarre, but one of these consortiums bidding in the auction includes the most unlikeliest of the companies teaming up – Apple with Google, Samsung and other Android manufacturers.
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