Did I see the correct figure?--Kodak ordered to pay Polaroid 925 MILLION? Isn't that exorbitant? What company now or in 1976 was even worth half that? That's purt near a billion dollars. I hardly doubt Polaroid suffered a loss of sales to Kodak anywhere near that. The judge in the case is probably dead by now, but somebody ought to dig him up and shoot him.
Kodak compromised a number of Polariod patents willfulley... there only option was to buy Polariod out before it went to court.The case was heard in a Cambridge court house by a judge with no understanding of the technologies involved and who decided the issue based on the idea of a concept patent - instant photography. (Notice I didn't mention the gender of the judge.)
Kodak and Polaroid leaders had earlier worked out a settlement that would have kept Kodak in the instant marketplace, but Eddie Land shot it down because he felt Kodak insulted him by offering products in his marketplace. Getting all that money was probably the worst thing that could have happened to Polaroid. The instant market was slowing down , but rather than using the money to invest in other possible options for the company, most went back to the stockholders.
Polaroid is gone, but Kodak Instant Film lives on as Fuji's Instax film.
http://www.nytimes.com/1991/07/16/business/kodak-settles-with-polaroid.html
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[Kodak] had earlier made lots of the Polariod film.
Kodak compromised a number of Polariod patents willfulley...
Nope. Sorry, but that's NOT true. Kodak very carefully investigated possible patent issues before starting the project. The Kodak technology is completely different from the Polaroid technology. All the two have in common is 'instant photography'.
suggest you need to read the litigation... yes Kodaks chemistry was different but not sufficiently innovative.
One did / does not need to be technical to see that it was wilful to ignore that?
Did you work for Kodak?
I have a special soft spot for that camera because at the time, 1985, my first wife was fighting cancer and the very last picture I have of her, sitting in a easy chair with a big smile on her face, was taken with that camera. She died 5 days later. Soon after I sent the print out to make regular film copies for the family and as insurnance in case the original faded. The technology was fairly new and I wasn't sure of it's keeping qualities.
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