Apple and Google are currently fighting for dominance in the smartphone and tablet markets, and now the two companies have decided to team up in an attempt to purchase Kodak’s patents in a bid worth around $500 million US dollars.
Apple and Google are now working together to purchase around 1,100 patents from Kodak, of course the deal has yet to be officially confirmed and neither Google nor Apple have commented on the deal.
It will be interesting to see whether the two companies working together to purchase the 1,100 Kodak patents will work, and whether it will have any affect on other dealings between Google and Apple.
Source Bloomberg
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