Update: Kodak wins patent lawsuit against Sun
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A federal jury in New York has ruled that Sun violated several patents held by Kodak when it developed its Java technology, a Kodak spokeswoman said today.
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Kodak is returning to court this week to claim $1bn in damages and unpaid royalties from Sun Microsystems. The court found in favour of the camera company on Friday and ruled that Sun had infringed Kodak&#39;s Java patents.
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In lieu of facing a court judgment of possibly more than US$1 billion, Sun Microsystems has agreed to pay $92 million to settle a long-running patent infringement case with Eastman Kodak.
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Without admitting or denying allegations, Sun Microsystems has entered into a formal settlement agreement with the Eastman Kodak Company to settle all claims in pending litigation between the parties.
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(October 7, 2004) - Eastman Kodak Co. and Sun Microsystems Inc. have settled their contentious legal dispute over Java programming language, skirting a trial on financial damages that could have brought Kodak more than $1 billion.
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Sun Microsystems faces the possibility of having to pay more than US$1 billion in damages now that a federal court jury has found the computer giant&#39;s popular Java languages infringed on a patent held by Eastman Kodak.
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Sun Microsystems Inc. returned to a loss in its fiscal first quarter as the server and software maker paid for its recent restructuring efforts and a settlement with Eastman Kodak Co.
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Sun Microsystems Inc.'s first-quarter loss was reduced Friday as the server and software company finalized the accounting for its $92 million patent settlement with Eastman Kodak Co. over the Java programming technology.
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Eastman Kodak Co.  said on  Thursday it has developed digital camera technology that nearly  eliminates the need for flash photography, part of the  company&#39;s effort to make money from its deep patent portfolio.
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A federal jury has backed Eastman Kodak Co. in a high-stakes, patent-infringement dispute with Sun Microsystems Inc. over the Silicon Valley company's popular Java programming language.
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Sun Microsystems Inc has found itself in the unusual position of losing a Java law suit, brought by photography giant Eastman Kodak.
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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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Sun Microsystems (Nasdaq: SUNW) shareholders have one less headache to medicate thanks to management&#39;s wise decision to settle its patent infringement litigation with crusty old Eastman Kodak (NYSE: EK).
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The move comes less than a week after a jury ruled in Kodak's favor in the $1 billion patent-infringement lawsuit.
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Kodak and Sun Microsystems have reached a settlement in their patent dispute over Java technology, with Sun agreeing to fork over $92 million to settle the suit.
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Sun Microsystems (nasdaq: SUNW - news - people ) saw its first-quarter loss reduced on Friday, as it cemented the accounting for its $92 million patent settlement with Eastman Kodak (nyse: EK - news - people ).
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Editor&#39;s Summary: A New York state jury has ruled that Sun Microsystems&#39; Java infringes on three patents now held by Eastman Kodak.