Eastman Kodak says it has filed a motion seeking approval of bidding procedures for the prompt bankruptcy auction of more than 1,100 of its patents.
Kodak says the Digital Capture and Kodak Imaging Systems and Services patent portfolios are integral to capturing, manipulating, and sharing digital images.
Kodak says its motion outlines a sale process open to all qualified bidders, subject to the rules of the bidding procedures.
Kodak is trying to move quickly with selling the patent portfolios, filing this motion ahead of its June 30th deadline.
The auction is expected to be held in early August.