An International Trade Commission (ITC) judge has ruled that Kodak did not infringe upon camera patents held by Apple. Reuters is reporting that an administrative law judge rejected the Cupertino-company’s claims, with a final decision by the ITC due on September 19th. Kodak, although not as prominent as it once was when film reigned supreme, still holds a treasure-trove of patents.
“Many investors see Kodak’s value in its lucrative portfolio of intellectual property,” reads the report. “It has more than 1,000 patents and it made an estimated $630 million in 2010 from its licenses. But analysts have said this revenue from licenses is unpredictable and the portfolio might eventually dwindle.” Kodak has a pending suit filed against both Apple and Research In Motion, again surrounding smartphone camera technology, that is set to be decided upon on May 23rd.