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Apple and Google Team Up to Buy Kodak's Patents
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FBN's Shibani Joshi on Apple and Google partnering to buy Eastman Kodak's patents for $500M.
- Duration 1:57
- Date Dec 10, 2012
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FBN's Shibani Joshi on Apple and Google partnering to buy Eastman Kodak's patents for $500M.
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Very much.
To cut that amount that estate tax problems team up to via a legendary photo company's -- -- good Shibani -- with the details on that from the -- today -- wow I don't think I'd wanna be out slightly dig in or you you based -- seem like pretty friendly -- but a good lesson for our politicians out in Washington.
Take LS -- in a page out of the playbook of some Silicon Valley titan see skies.
Our mortal enemies and so many different categories but they're able to put their differences together for the greater -- you know they compete with Smartphones and tablets -- storage -- list goes on nine.
But putting their differences aside at least for the time being in this -- specific instance to work together to -- Kodak's patent portfolio.
News breaking over the weekend that apple and Google are working together attack out so that they don't outbid one another.
-- to submitted bids for 11100.
Imaging -- -- Kodak colds.
We think that it's gonna go for our price tag in the range of 500 million backs a strategy has worked very well for former foes in -- past.
In the technology space in particular apple Microsoft Research in Motion.
Just last year all of them together to -- -- -- patent portfolio for six point five billion bucks.
And speaking and doling out lots of money and speaking of buying over the weekend we're getting reports actually not even over the weekend this morning we got reports.
That Google may be opening up its -- even more in talks to buy Motorola's home -- business from a British company called pace.
And the reason people are watching this very very closely is system the Motorola home business Connell and dating.
Coddling -- and I senate -- this time.
-- -- and they make set top boxes I instead of getting your cable set top box from.
Scientific Atlanta are any other company you could be going directly to Google as we know -- you guys know there is a war going on for who controls what in your living -- space in the says.
One more step -- after action thank you Shibani Shibani Joshi in the newsroom is.