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December 28, 2007 10:31 AM PST

Kodak settles patent suit with Matsushita

by Stephen Shankland
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Eastman Kodak will receive royalties from Matsushita Electric Industrial through a settlement of a July patent infringement suit, according to a regulatory filing Thursday.

On December 21, Kodak settled suits with Matsushita, better known in the United States by its Panasonic brand, and with a Matsushita subsidiary, Victor Company of Japan (JVC).

Under terms of the settlements, the companies signed cross-licensing agreements granting each company access to the others' patents, Kodak said in the filing with the U.S. Securities and Exchange Commission. Both settlements are "royalty-bearing to Kodak," the company said.

Stephen Shankland writes about a wide range of technology and products, but has a particular focus on browsers and digital photography. He joined CNET News in 1998 and since then also has covered Google, Yahoo, servers, supercomputing, Linux and open-source software, and science. E-mail Stephen, or follow him on Twitter at http://www.twitter.com/stshank.
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How does it happen?
by Astinsan December 31, 2007 1:18 AM PST
We hear about Nokia and Qualcomm then Kodak and JVC/PANISONIC/MATSUSHITA. These are not little companies. If they have problems figuring out what patents are being used maybe the patent system is broken. I also have a problem with patents for ideas that haven't been proven or built yet. What is up with that?
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About Underexposed

This blog sheds light on digital photography subjects such as cameras, photo editing, and Web sites. Shankland joined CNET News in 1998 after a five-year stint as a science writer. He's a lab rat who grew up in Los Alamos, N.M., and graduated from Harvard.

Contact Stephen at Stephen.Shankland@cnet.com

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