News

Kodak patents attract 'low bids' from Apple and Google

Aug. 7, 2012

Kodak's efforts to save itself from collapse have been dealt a setback after initial bids for some of its patents came in significantly below target, according to reports.

The firm's court filings suggested its 1,100-plus digital imaging innovations were worth as much as $2.6bn (£1.7bn).

But two offers are said to have only ranged between $150m (£95.6m) and $250m (£165m).

This full article is available at the BBC News website.