Under the agreements, Kodak will receive approximately $525 million, a portion of which will be paid by 12 intellectual property licensees organized by Intellectual Ventures and RPX Corporation, with each licensee receiving rights with respect to the digital imaging patent portfolio and certain other Kodak patents. Another portion will be paid by Intellectual Ventures, which is acquiring the digital imaging patent portfolio subject to these new licenses, as well as previously existing licenses.
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Google, Apple and RIM are among the 12 patent licensees participating in the deal, according to a court filing. Under the terms, Intellectual Ventures will make a portion of the payment, with the rest coming from the licensees…Facebook Inc., Amazon.com Inc. and Microsoft Corp. (MSFT) also are part of the group, the court filing shows, along with Samsung Electronics Co., Adobe Systems Inc., Fujifilm Holdings Corp., Huawei Technologies Co., HTC Corp. and Shutterfly Inc. The auctioned patents were previously estimated to be worth as much as $2.6 billion.
There is no word on how much each company paid, or if it was a cool $43 million each, and it is unclear what exactly each company will have rights to as part of the deal.