Kodak Owns $3 Billion in Patents, according to MDB Capital Group

Digital-imaging patents owned by Kodak EK could be worth $3 billion in a sale according to Chris Marlett, chief executive officer at MDB Capital Group, in an interview with Bloomberg. Potential buyers include Microsoft MSFT and Samsung Electronics. Kodak's technologies are used in 85 percent of digital cameras and smartphones. "Kodak is the lowest hanging fruit out there,” Marlett said. Kodak's patents “could go for a huge number and nobody's talking about it".
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!