Forums > General Industry > Apple & Google join up to buy Kodak?
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Photographer

Robb Mann

Posts: 11227

Baltimore, Maryland, US

This story just has WTF written all over it. Apple and Google, two of the wealthiest companies around, and making a joint bid of around $500 million to buy up the bulk of Kodak's remaining patents.

First off, $500 million is not a lot for either company. Heck, each one of them would easily pay that to keep the other from gaining a competetive advantage. Why join up to bid? Its being explained as a cost-saving measure.

Secondly, why advertise your bid? If i were microsoft I now know what a winning bid would be.

Weird.

Dec 10 12 08:52 am Link

Photographer

Sleepy Weasel

Posts: 4710

Castle Rock, Colorado, US

Link to story? That doesn't sound right to me. They hate each other.

Dec 10 12 09:21 am Link

Photographer

Vector One Photography

Posts: 2992

Fort Lauderdale, Florida, US

Sleepy Weasel wrote:
Link to story? That doesn't sound right to me. They hate each other.

http://www.bloomberg.com/news/2012-12-0 … tents.html

Dec 10 12 03:55 pm Link

Photographer

Carlos Occidental

Posts: 10558

Glendora, California, US

Buying the patents is one thing.  I wonder what they're going to DO with them.

Dec 10 12 04:00 pm Link

Photographer

Toto Photo

Posts: 3146

Belmont, California, US

Carlos Occidental wrote:
Buying the patents is one thing.  I wonder what they're going to DO with them.

My hope is they simply use them to fend off infringement lawsuits, which is a common practice.

Dec 10 12 04:07 pm Link

Artist/Painter

JJMiller

Posts: 807

Buffalo, New York, US

I've actually met some of Kodak's coders, and I hope things work out for them- they are a really cool bunch of people. But I have to think in the short run the code will become outdated pretty quickly. Their software has some decent color algorithms though.

Dec 13 12 05:38 pm Link

Photographer

DOUGLASFOTOS

Posts: 9268

Los Angeles, California, US

Apple is needing a 2,000 dollar camera...I think I found it for them....

Well Kodak is needing cash....Apple and Google are just buying patents....

http://i1001.photobucket.com/albums/af133/cirtapfotos/Kodak-Digital-Camera07-1.jpg

Dec 13 12 05:43 pm Link