Sun, Kodak Move Forward After $92 Million Settlement
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&quot;Sun is in this big battle with Microsoft for enterprise commitments,&quot; Jonathan Eunice, an analyst with the research firm Illuminata, told the E-Commerce Times.
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Three days after a jury found Sun Microsystems (Quote, Chart) had infringed on Eastman Kodak patents, the two parties settled their lawsuit out of court.
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(Rochester, NY) 09/22/04 -- Bold statements came from the Eastman Kodak company today. Investors learned digital sales are soaring beyond the company&#39;s expectations.
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EASTMAN Kodak is expecting a payout of more than $US1 billion this week after winning a patent lawsuit against Sun Microsystems. A jury found Sun&#39;s popular Java software infringed several patents Eastman Kodak bought from Wang Laboratories in late 1997.
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The ground-breaking legal settlement and technology sharing deal between Microsoft Corp and Sun Microsystems Inc will not diminish competition between the two adversaries.
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Opinion: Despite Kodak&#39;s initial victory in its Java patent dispute with Sun, the company will be hard-pressed to prove it deserves a $1 billion settlement.
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Sun Microsystems, maker of the wildly popular Java programming language, got handed a stunning and potentially expensive defeat in court when a federal jury declared that Sun&#39;s Java infringed upon Kodak&#39;s intellectual property.
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Sun Microsystems (Quote, Chart) may have saved itself from years of costly litigation when it settled with Microsoft over their long-running Java dispute, but a clause in the landmark deal has open source supporters parsing its potential impact.
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SAN FRANCISCO - With $190 million in charges on its balance sheet related to restructuring and its recent patent lawsuit settlement with Eastman Kodak Co., Sun Microsystems Inc. on Thursday posted a net loss of $174 million for its the first quarter of its fiscal 2005 year, which ended September 26.
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Eastman Kodak Co. will return to US District Court next week to seek $1 billion in damages from Sun Microsystems Inc. now that a federal jury has ruled in its favor in a dispute over the Java computer language.
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(InfoWorld) - AzulÂ and SunÂ have settled aÂ patent infringement suit Sun filed, the companies said Tuesday. The suit had been pending in U.S. District Court for the Northern District of California since May 2006, said Scott Sellers, COO and co-founder of Azul. Sun alleged that Azul violated trade secrets and patent laws. Azul, founded in 2002, makes high-capacity computing appliances. The company had hired some former Sun employees, including Stephen DeWitt, its CEO. "We're very pleased to disclose this [settlement]. This has been in the works for some time. Both sides realize they're spending a lot of money, and this would have taken another year," said Sellers. U.S. District Court Judge Charles Breyer, presiding over the case, had made some pretrial rulings on motions that were adverse to Sun, which prompted the company to agree to settlement talks, Sellers said. Sun tells a different story. In a statement released Tuesday afternoon, Sun spokeswoman Kristi Rawlinson said Azul agreed to settle because Sun was building a stronger case against Azul as the lawsuit went on. "The patent infringement and trade secret claims against Azul grew larger during the pendency of the case," Rawlinson stated. "Azul came to the realization it would be better to return to negotiations and settle the claims rather than continue with the lawsuit they initiated." The case relates to technology for improving the performance of microprocessors through the use of chip multithreading, which Azul is now using in its products. Sun claims Azul infringed patents related to Sun's prior research in the field, and that it abused trade secrets by poaching about a dozen Sun employees familiar with the technology. In a blog posting, Michael Dillon, Sun's chief legal counsel, declined to discuss terms of the settlement, as did Azul's Sellers.
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A federal jury in New York has dealt a legal blow to Sun. The jury ruled that Sun violated several patents held by Eastman Kodak when it developed its Java technology, a Kodak spokeswoman confirmed on Monday.
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Computer maker Sun Microsystems  Inc.  on Tuesday swung to a quarterly net loss due to  charges related to job cuts and other items as revenue rose 29  percent, helped by its acquisition of StorageTek.
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Sun Microsystems Inc. trimmed its fourth quarter and full-year 2004 results this week, to account for final accounting of asset retirement obligations and its settlement with Microsoft Corp.
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Sun on Thursday announced that it settled the lawsuit Eastman Kodak had brought against it, but the charge that Sunâs Java violated software patents held by Kodak brought to light the major impact patents can have on software techniques.
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Kodak has won a legal battle over Java that could see Sun landed with a $1bn legal bill. According to ruling made by a court in Rochester, New York, Sun has infringed a patent Kodak bought from Wang Laboratories
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Eastman Kodak Co. EK.N on Wednesday  said it will take full control of Kodak Polychrome Graphics, a  maker of photographic films and plates, by buying Sun Chemical  Corp.'s 50 percent stake in the joint venture for about $817  million over several years.