Kodak closes its digital imaging patent sale, settles disputes

Kodak has had many scary moments in its recent history, not the least of which was wondering whether or not it could sell digital imaging patents to help escape bankruptcy. It's putting some of that trauma to rest now that it has officially closed the recently approved sale. The $527 million deal shares 1,100 patents with a complex web of companies, including Apple and Google, operating under alliances led by Intellectual Ventures and RPX. The buyers intend to use the patents as defenses against...