“Kodak has long been in discussions with Fujifilm, asking the company to do what more than 30 other companies have done already and take a license for their use of our pioneering digital imaging technology,” said Timothy M. Lynch, Chief Intellectual Property Officer, Eastman Kodak Company. “Kodak has invested hundreds of millions of dollars in developing this technology.”
“Not only have we failed to reach an agreement, but Fuji resorted to filing suit against us in October in what was a thinly veiled attempt to redirect attention from their continued use of Kodak patented technology.There’s a basic issue of fairness that needs to be addressed. The failure to appropriately compensate Kodak for the unauthorized use of our patented technology impedes our ability to continue to innovate and introduce new products.”
Kodak has licensed its digital imaging patents to more than 30 leading technology companies, including LG, Motorola, Samsung and Nokia, with all of the licenses royalty-bearing to Kodak.