Sun and Kodak Settle Out of Court
prostoalex writes "The patent dispute between Eastman Kodak and Sun Microsystems in regards to three patents that EK claimed Sun was violating with Java, came to an end. Thursday afternoon Associated Press announced the companies settled out of court with terms of the deal unclear yet. Before Eastman Kodak was looking for $1.06 billion in damages."
As part of the settlement, Kodak asked they also agree not to go after the film developing business. It seems Kodak wants to keep Sun out of the Darkroom.
Okay, not really. Just a bad joke.
How can 3 patents be worth 1.06$ billion dollars? I thought Kodak was in the crapper these days anyway. Would this have been their only means to making any sort of a profit?
A dying company goes on a binge of IP litigation. Why does that sound so familiar?
Pick up some SCOX while you are over there too.
You could even start a The Dying Company Files Worthless IP Lawsuits mutual fund.