Kodak, Samsung In Talks Over Camera Patent License

Law360, New York (December 23, 2009, 12:25 PM EST) -- Eastman Kodak Co. said Wednesday that it is negotiating a settlement and license agreement with Samsung Electronics Co. Ltd. following the U.S. International Trade Commission's finding that the Korean electronics giant infringed two of Eastman's digital camera technology patents.

Although the deal has yet to be finalized, it will include a technology cross-license and a one-time payment from Samsung that will effectively act as a deposit on future royalty charges, according to Kodak.

Both companies will take advantage of each other's technology, but the license would...
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