Kodak, Shutterfly trade patent suits
In a story by Dow about patent infringement suits between Kodak and Shutterfly, one has the text:
The company [Kodak] has relied in large part on patent settlements for revenue in recent years as it waits for new business lines, such as inkjet printers, to gain traction. Kodak has suits pending against Apple Inc. (AAPL) and Research in Motion Ltd. (RIMM), and last winter scored significant royalty deals with Samsung Electronics Co. Ltd. (SSNHY, 005930.SE) and LG Electronics Inc. (066570.SE) for its digital-camera technology.
In another sign of its woes, Kodak--a component of the Dow Jones Industrial Average until 2004--will be removed from the Standard & Poor's 500 index at the end of trading Friday, in part due to its declining market capitalization. The company's market value is about $1.4 billion.
The company [Kodak] has relied in large part on patent settlements for revenue in recent years as it waits for new business lines, such as inkjet printers, to gain traction. Kodak has suits pending against Apple Inc. (AAPL) and Research in Motion Ltd. (RIMM), and last winter scored significant royalty deals with Samsung Electronics Co. Ltd. (SSNHY, 005930.SE) and LG Electronics Inc. (066570.SE) for its digital-camera technology.
In another sign of its woes, Kodak--a component of the Dow Jones Industrial Average until 2004--will be removed from the Standard & Poor's 500 index at the end of trading Friday, in part due to its declining market capitalization. The company's market value is about $1.4 billion.
posted by Lawrence B. Ebert at 9:29 AM
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