Dayton
Business Journal...
Kodak
lawsuits pile up as bankruptcy looms
by DBJ
Staff
Wednesday,
January 18, 2012
Eastman
Kodak Co. is getting aggressive at going after rivals it believes have
violated
its many digital patents, and filed a lawsuit against Samsung
Electronics Co.
on Wednesday.
The
lawsuits come as the company is trying to protect its valuable patents
that it
is reportedly trying to sell as it considers a Chapter 11 bankruptcy
filing,
according to the Wall Street Journal.
The suit
against Samsung claims it violated Kodak’s patents when it developed
the Galaxy
mobile tablet.
This latest
lawsuit comes after suits filed recently against Apple Inc. and HTC
Corp.
Kodak
claims Apple and HTC used its technology covered by four patents that
are being
used for transmission of images. It accuses HTC of infringing on a
fifth patent
covering image previews which are also part of a U.S. International
Trade
Commission case against Apple (NASDAQ:AAPL) and Blackberry maker
Research in
Motion Ltd. (NASDAQ:RIMM).
Kodak could
get $1 billion in new revenue as a result of the Apple-RIM trade case,
according to executives at the company. It also is trying to sell the
company’s
1,100 digital photo patents as it refocuses on digital printers, which
is what
the local operation supports. Kodak has 570 employees at a facility in
Kettering that makes inkjet printers.
A possible
bankruptcy filing by the company would lead to internal changes that
would be a
boost to the Dayton-area operations of the 131-year-old company,
according to
an analyst.
The Journal
also reported on Wednesday that Kodak is set to name a chief
restructuring
officer as it prepares for the bankruptcy, and said that Kodak is
talking to
possible lenders, including Citigroup Inc.
, for lining up about $1 billion in
debtor-in-possession financing.
If the
reports of how Kodak would look after emerging from bankruptcy are
correct, the
company may very well boost its operations in Dayton. In fact, the
company
already has expressed interest in growing locally.
In late
September, the state of Ohio approved a tax credit package worth $2.9
million
over 10 years to entice Kodak to expand in the Dayton region. In
addition, the
city of Kettering recently committed a $435,000 grant to the company.
State
officials said if the company decides to expand in Kettering, it would
invest
at least $7.5 million in new manufacturing machinery as well as
research and
development equipment to help position the Kettering facility for
future growth.
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