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Kodak, Sun Settle for $92 M
Oct 2004
ROCHESTER, N.Y., Oct. 8 -- Eastman Kodak Co. announced yesterday it has reached a tentative agreement with Sun Microsystems Inc. to settle a lawsuit filed by Kodak in 2002 regarding a software architecture based on the Java computer language.

On Oct. 1, a federal jury determined that Sun infringed three Kodak patents. Pending a final agreement, Sun will pay Kodak $92 million cash in return for a license for the patents. Additional details were not disclosed.

"We achieved our goals in this case, which was to protect our intellectual property rights," said Willy Shih, Kodak senior vice president. "We are pleased that the court has validated these fundamental Kodak patents and we now look forward to building a more productive relationship and continued collaboration with Sun, with whom we have enjoyed a close partnership for nearly two decades."

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