That's correct, it seems to two industry-giants will be combining forces to apply for ownersnip of certain Kodak patents. As some of you probably already know, Kodak recently declared bankruptcy and is now having a garage-sale of sorts. And it seems Apple and Microsoft aren't the only ones trying to make a purchase; Google, Samsung, and a few others will be throwing their hat in the ring. Of course, this is not the first time Apple and Microsoft, as well as others, have gone on a shopping-spree for as much intellectual property as they are allowed (see: Nortel), but it most likely won't involve the same amount of money. Either way, we should be hearing from these companies soon about the new patents they've acquired.
"Apple and Microsoft could once again join forces to bid on a collection of patents from a beleaguered technology giant, says a new report.
According to The Wall Street Journal, the two companies -- along with Nathan Myhrvold's Intellectual Ventures -- plan to band together to snatch up some or all of Kodak's patent portfolio. Initial bids for that collection of 1,100 patents are due at the beginning of next week.
The companies could face an opposing team made up of other rivals including Google, Samsung, HTC, and LG, along with San Francisco-based patent buyer and licensor RPX, the report says."