(Reuters) - Eastman Kodak Co agreed to sell its digital imaging patents for about $525 million, a key step to bringing the photography pioneer out of bankruptcy in the first half of 2013. The deal for the 1,100 patents allows Kodak to fulfill a condition for securing $830 million in financing. The patent deal was reached with a consortium led by Intellectual Ventures and RPX Corp, and which includes some of the world's biggest technology companies, which will license or acquire the patents. Those companies are Adobe Systems Inc, Amazon. ...

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(Reuters) - Eastman Kodak Co agreed to sell its digital imaging patents for about $525 million, a key step to bringing the photography pioneer out of bankruptcy in the first half of 2013. The deal for the 1,100 patents allows Kodak to fulfill a condition for securing $830 million in financing. The patent deal was reached with a consortium led by Intellectual Ventures and RPX Corp, and which includes some of the world's biggest technology companies, which will license or acquire the patents. Those companies are Adobe Systems Inc, Amazon. ...

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On July 2, Kodak Gallery customers will have their photos transferred to a free Shutterfly account. The transition itself won't require much input from Kodak Gallery customers, but there are a few Kodak Gallery features you should take advantage of before there's no turning back.

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A US judge said a Kodak patent allegedly infringed upon by Apple and Blackberry-maker Research In Motion (RIM) was not valid, dealing another blow to the struggling photography pioneer.

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