|By Maureen O'Gara||
|August 6, 2012 08:15 AM EDT||
As part of its bankruptcy proceedings, Eastman Kodak has put 1,100 patents on the block.
They are expected to be sold at auction on August 8.
There was reportedly a Monday deadline for initial bids according to what "people familiar with the matter" told the Wall Street Journal.
Apple, teamed with Microsoft and Nathan Myhrvold's Intellectual Ventures, and Google in company with RPX, Samsung, LG and HTC are believed to be after them for protection.
Apple and Google were on opposite sides in the great Nortel patent auction last year and Apple and Microsoft et al walked off with the IP for $4.5 billion, a victory the inflated the expectations of patent holders everywhere.
Kodak, which needs the money to emerge from bankruptcy as a viable company, is hoping to see $2.6 billion, which may prove absurd.
The Journal said the patents are being sold in two lots: "one portfolio related to capturing and processing images on cameras, smartphones and tablets; and another related to storing and analyzing images, among other things." The digital capture lot is regarded as the more valuable.
Because the value of the patents is dicey - the International Trade Commission just invalidated a key patent on how images are previewed by a digital camera - Kodak couldn't get a stalking horse bid that would establish a floor for the bidding.
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IoT solutions exploit operational data generated by Internet-connected smart “things” for the purpose of gaining operational insight and producing “better outcomes” (for example, create new business models, eliminate unscheduled maintenance, etc.). The explosive proliferation of IoT solutions will result in an exponential growth in the volume of IoT data, precipitating significant Information Governance issues: who owns the IoT data, what are the rights/duties of IoT solutions adopters towards t...
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Dec. 7, 2016 05:15 PM EST Reads: 926
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
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Everyone knows that truly innovative companies learn as they go along, pushing boundaries in response to market changes and demands. What's more of a mystery is how to balance innovation on a fresh platform built from scratch with the legacy tech stack, product suite and customers that continue to serve as the business' foundation. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, discussed why and how ReadyTalk diverted from healthy revenue and mor...
Dec. 7, 2016 04:30 PM EST Reads: 1,675
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Dec. 7, 2016 04:15 PM EST Reads: 362
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
Dec. 7, 2016 03:45 PM EST Reads: 2,262
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Dec. 7, 2016 02:30 PM EST Reads: 941
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Dec. 7, 2016 02:30 PM EST Reads: 4,318
Financial Technology has become a topic of intense interest throughout the cloud developer and enterprise IT communities. Accordingly, attendees at the upcoming 20th Cloud Expo at the Javits Center in New York, June 6-8, 2017, will find fresh new content in a new track called FinTech.
Dec. 7, 2016 02:15 PM EST Reads: 2,200
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Dec. 7, 2016 02:15 PM EST Reads: 3,388
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Dec. 7, 2016 02:15 PM EST Reads: 1,119
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Dec. 7, 2016 01:45 PM EST Reads: 1,121
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Dec. 7, 2016 12:30 PM EST Reads: 648
SYS-CON Events has announced today that Roger Strukhoff has been named conference chair of Cloud Expo and @ThingsExpo 2017 New York. The 20th Cloud Expo and 7th @ThingsExpo will take place on June 6-8, 2017, at the Javits Center in New York City, NY. "The Internet of Things brings trillions of dollars of opportunity to developers and enterprise IT, no matter how you measure it," stated Roger Strukhoff. "More importantly, it leverages the power of devices and the Internet to enable us all to im...
Dec. 7, 2016 12:30 PM EST Reads: 747
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
Dec. 7, 2016 12:30 PM EST Reads: 848
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Dec. 7, 2016 12:00 PM EST Reads: 1,126
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Dec. 7, 2016 11:30 AM EST Reads: 697
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Dec. 7, 2016 11:15 AM EST Reads: 2,304