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Kodak Sells Digital Camera Patents to Apple, Google, Other Tech Giants
Re: Willy Shih
The portfolio was said to be worth around $2.5 billion, but Kodak settled for the $525 million. Partially, that's because Kodak isn't in the position to negotiate. But it's also because Kodak extensively licensed these patents to other companies. "That makes the portfolio far less valuable, because there's very little exclusivity when a patent has already been licensed to someone else," says Harvard Business School professor and former Kodak VP Willy Shih.