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Latest Business News

Kodak, Sony Enter Cross-Licensing Deal

Wednesday, January 03, 2007 6:18:13 PM
By BEN DOBBIN

ROCHESTER, N.Y. (AP) - Eastman Kodak Co. said Wednesday it has ended a long-standing patent dispute with Sony Corp. over digital-camera inventions dating back to 1987 and entered a cross-licensing deal giving the companies access to each other's patents.

The photography company also said it has signed a cross-license agreement with cell-phone maker Sony Ericsson Mobile Communications AB, a joint venture of Sweden's LM Ericsson and Sony, the Japanese electronics and entertainment company.

The agreements, signed Friday, are royalty bearing to Kodak, the company said, but further financial terms of the deals were not disclosed.


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