Global OLED Technology sues Kodak over 18 patents

Global OLED Technology logoGlobal OLED Technology (GOT) has filed a lawsuit against Eastman Kodak, claiming that 18 of Kodak's patent actually belong to GOT. Kodak says that these 18 patents are not related to OLED technologies and so were not part of the 2009 deal (when GOT bought about 2,200 OLED patents and patent applications from Kodak). We do not what are the actual patents involved.

GOT is also seeking to recover royalty payments from Pioneer that were paid to Kodak and not GOT. The Pioneer license was supposed to have been transferred to GOT but apparently Kodak wasn't able to obtain consent for the transfer.

GOT was established in December 2009 when LG bought Kodak's OLED business (in a deal that was estimated at $100 million). GOT owns more than two thousand OLED related patents, and licenses them to other companies. In 2010, Idemistu Kosan bought 32% of GOT.

Posted: Dec 27,2012 by Ron Mertens