While many large companies are buying up patents like crazy; Kodak is going another rout. The camera giant is now putting a good amount of its patents up for sale.
The hope here, is that they can raise some revenue. If you ask me, Kodak is in some serious trouble. After all. The company is actually worth less than its patent portfolio.
One can only imagine the companies looking at the portfolio. Though the Wall Street Journal reports “One interested company is a large, strategic buyer in the wireless industry.”
All I see here is the beginning of the end for a once great camera company. One can speculate, but only time will tell where this all goes.
To read the entire post by the Wall Street Journal, click this link.