Report: Apple and Google to buy Kodak patents

Published 12/08 2012 09:49AM

Updated 08/20 2015 05:24PM

(Rochester, NY)  Bloomberg reported late on Friday night that Apple and Google will buy over 1,100 Kodak patents valued over $500 million.  Bloomberg's report cited two sources who were confident that such a deal was imminent.  Kodak has maintained that it plans to exit bankruptcy in 2013 and such a deal with the patent sale would helped facilitate that cause.  Watch News 8 and Fox First at Ten tonight for the latest on this developing story.

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