Kodak Launches Sale of Patents

Eastman Kodak Co. has kicked off its patent sale, as the beleaguered imaging company seeks to ride the bull market for patents and capitalize on its intellectual property in the booming market for tablet computers.

Investment bank Lazard Ltd. began marketing the portfolio this week, reaching out to companies that might be interested, said a person familiar with the matter. One interested company is a large, strategic buyer in the wireless industry looking to use the patents for defensive protection, said another person familiar with the matter.

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