Fujifilm purchasing Kodak patents

As petapixel reports, Kodak sold valuable imaging patents for $525 million to various companies. “The deal involves more than 1,100 patents related to the capturing, manipulating, and sharing of digital photographs.” Fujifilm is part of the consortium that purchased Kodak patents.

“Although this sale leaves Kodak empty-handed in terms of digital imaging patents, the company is still loaded with patents related to other areas of its business… Now that the sale has been completed, Kodak is free to move forward with its plans of conquering the world of commercial printing.”

via Petapixel

(thx Cynan for linking this news to me)