Kodak accepts $92 million from Sun
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SUN MICROSYSTEMS will pay Kodak $92 million to settle a patents infringement case after a jury found it guilty of using Java patents.
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A federal jury in New York has dealt a legal blow to Sun Microsystems Inc., ruling that Sun violated several patents held by Eastman Kodak Co.
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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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Eastman Kodak Co. EK.N on Wednesday  said it will take full control of Kodak Polychrome Graphics, a  maker of commercial graphics films and plates, by buying Sun  Chemical Corp.'s 50 percent stake in the joint venture for  about $817 million over several years.
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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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Eastman Kodak Co., the world's top maker of photographic film, on Wednesday posted a quarterly profit as lower costs and strength in its kiosk business helped overcome a 25 percent drop in sales of digital cameras and accessories.
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Eastman Kodak Co., the world's  top maker of photographic film, on Wednesday posted a quarterly  profit as lower costs and strength in its kiosk business helped  overcome a 25 percent drop in sales of digital cameras and  accessories.
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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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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.
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Sun has lost the case brought against it by Eastman Kodak. The photographic giant convinced a Federal jury that Sun infringed its patents in the development of the Java programming language.
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Eastman Kodak Co. sued Sun Microsystems Inc. and claimed damages worth USD 1 Billion over long running patent disputes related to object management procedures implemented by Sun in the very popular Java programming language.
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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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Sun Microsystems to plunk down about $1 billion for one of the most successful open-source software companies.
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ROCHESTER, NY - Eastman Kodak Co. accepted a $92 million payout by Sun Microsystems Inc. to settle a $1 billion patent-infringement lawsuit over the Silicon Valley company&#39;s Java programming language.
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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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Eastman Kodak Co. and Sun Microsystems Inc. have settled their lawsuit over whether Sun infringed on Kodak&#39;s patents in creating the Java platform.
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Software giant's deal with Sun has raised some questions.