lawsuits pile up as bankruptcy looms
January 18, 2012
Kodak Co. is getting aggressive at going after rivals it believes have
its many digital patents, and filed a lawsuit against Samsung
lawsuits come as the company is trying to protect its valuable patents
is reportedly trying to sell as it considers a Chapter 11 bankruptcy
according to the Wall Street Journal.
against Samsung claims it violated Kodak’s patents when it developed
lawsuit comes after suits filed recently against Apple Inc. and HTC
claims Apple and HTC used its technology covered by four patents that
used for transmission of images. It accuses HTC of infringing on a
covering image previews which are also part of a U.S. International
Commission case against Apple (NASDAQ:AAPL) and Blackberry maker
Motion Ltd. (NASDAQ:RIMM).
get $1 billion in new revenue as a result of the Apple-RIM trade case,
according to executives at the company. It also is trying to sell the
1,100 digital photo patents as it refocuses on digital printers, which
the local operation supports. Kodak has 570 employees at a facility in
Kettering that makes inkjet printers.
bankruptcy filing by the company would lead to internal changes that
would be a
boost to the Dayton-area operations of the 131-year-old company,
also reported on Wednesday that Kodak is set to name a chief
officer as it prepares for the bankruptcy, and said that Kodak is
possible lenders, including Citigroup Inc.
, for lining up about $1 billion in
reports of how Kodak would look after emerging from bankruptcy are
company may very well boost its operations in Dayton. In fact, the
already has expressed interest in growing locally.
September, the state of Ohio approved a tax credit package worth $2.9
over 10 years to entice Kodak to expand in the Dayton region. In
city of Kettering recently committed a $435,000 grant to the company.
officials said if the company decides to expand in Kettering, it would
at least $7.5 million in new manufacturing machinery as well as
development equipment to help position the Kettering facility for
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