Kodak to sell key patents for $525m

US photography giant Eastman Kodak said Wednesday it had agreed sell its digital imaging patents for $525 million to help it emerge from bankruptcy protection. Kodak said 12 intellectual property licensees, led by Intellectual Ventures and RPX Corporation, will buy the patents.
Companies participating in the consortium buying the patents include Apple, Microsoft, Google, Samsung, Adobe, Facebook, Amazon and Shutterfly.