Bankrupt Eastman Kodak Co. will receive about $525 million for its patents.

Part of the $525 million will be paid by 12 intellectual property licensees, organized by Intellectual Ventures and RPX Corp. Each licensee will receive rights with respect to the digital imaging patent portfolio and other patents. Another portion of the price will be paid by Intellectual Ventures, which will acquire the digital imaging patent portfolio subject to the new licenses, as well as previously existing licenses.

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