Sunday, December 9, 2012

Apple And Google Team Up To Buy $500 Million Kodak Patents

Apple and Google, the two technology giants and business rivals have reportedly teamed up to buy 1,100 imaging patents of Kodak for more than $500 million. Apple and Google are currently competing in smartphone and tablet markets and in developing mobile softwares.

Their private tieup was hinted by Google Chairman Eric SchmidtEric Schmidt this week. ?The adult way to run a business is to run it more like a country. They have disputes, yet they?ve actually been able to have huge trade with each other. They?re not sending bombs at each other,? Schmidt told The Wall Street Journal.

Source: Bloomberg

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Source: http://www.allvoices.com/contributed-news/13568043-apple-and-google-team-up-to-buy-500-million-kodak-patents

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