Kodak ends patent dispute with Sony
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Eastman Kodak Co. said it had ended a long-standing patent dispute with Sony Corp. over digital-camera inventions dating to 1987 and entered a cross-licensing deal giving the companies access to each other’s patents.
The photography company also said it had signed a cross-license agreement with cellphone maker Sony Ericsson Mobile Communications, a joint venture of Sweden’s LM Ericsson and Sony.
The agreements, signed Friday, are royalty bearing to Kodak, the company said, but further financial terms of the deals were not disclosed.
Shares of Rochester, N.Y.-based Kodak rose 11 cents to $25.91. Sony’s U.S.-traded shares rose 8 cents to $42.91.
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