The Wall Street Journal reports Apple, Samsung and Google may form a consortium to bid on Kodak’s portfolio of more than 1,000 digital imaging patents.
The bid is lower than the > $2 billion Kodak desires — and so new reports arise that the company may not sell the coveted assets after all, the WSJ adds.
Kodak announced is has not “reached a determination or agreement to sell the digital imaging patent portfolio, and may retain all or parts of it as a source of creditor recoveries in lieu of a sale if it concludes that doing so is in the best interests of the estate.”
Others in the consortium may include HTC and LG Electronics, as well as patent firms Intellectual Ventures Management LLC, and RPX Corp.
The sale was initially to have been completed by this date.