Sun: $92M to settle Kodak suit
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Network computer maker Sun Microsystems Inc. Thursday said it agreed to pay $92 million to settle a long-running patent infringement lawsuit with Eastman Kodak Co.
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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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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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SAN FRANCISCO - Though a Friday patent lawsuit verdict against Sun Microsystems Inc. could potentially have a wide-ranging impact on the computer industry, the ruling appears unlikely to affect three of the world's largest IT companies, who have licensed the technology in question. Hewlett-Packard Co., IBM Corp. and Microsoft Corp. are licensees of the software patents in question, the patents' owner, Eastman Kodak Co., confirmed Monday.
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prostoalex writes &quot;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.
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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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AT&amp;T Corp., the largest US long- distance telephone company, agreed to pay $100 million to settle lawsuit by shareholders who sought $2.
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Eastman Kodak Co  won another  round in a battle with Ampex Corp  on Thursday over who  owns the patents for digital imaging.
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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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Sun will pay Kodak $92 million and will receive in exchange a license under all Kodak patents for the benefit of the Java technology and under the patents in the lawsuit for any and all purposes.
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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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The penalty phase of Eastman Kodak&#39;s Java patent lawsuit against Sun Microsystems starts this morning, and the outcome could cast a shadow over the future of the Java programming language.
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EASTMAN Kodak is in line for a $1.06bn (Â£580m) payout after winning a controversial patent lawsuit against Sun Microsystems. A jury has ruled that Sun&#39;s Java software infringes several software patents that Eastman Kodak bought in 1997.
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Sun Microsystems has entered into a formal agreement with the Eastman Kodak Company to settle all claims in pending litigation regarding a software architecture based on the Java computer language.
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LOCAL NEWSPAPER The Democrat and Chronicle reports that Kodak will demand $1 billion in damages from Sun Microsystems in a landmark case over Java.
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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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Eastman Kodak Co. says it&#39;s agreed to buy the Imaging business of National Semiconductor Corp., which develops and manufactures complimentary metal oxide semiconductor image sensor devices.