Occasional bitter rivals Apple, Google, and Samsung are reportedly  teaming up to acquire a range of digital imaging patents from Kodak’s bankruptcy fire sale, according to the Wall Street Journal . Apple and Google in particular had recently been making competitive bids for the patents, but the two companies decided to work together, along with Samsung, HTC, LG, and others, to keep the price from ballooning beyond about half a billion dollars. The beleaguered Kodak entered bankruptcy earlier this year , planning to liquidate much of its patent portfolio in order to pay off creditors and emerge as a leaner operation. However, the company had hoped to get over $2 billion for the portfolio of digital imaging patents that Apple and other smartphone manufacturers are interested in. It seems that neither Apple nor Google feel the patents are worth that price.

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Rivals Apple, Google, Samsung reportedly team up to buy Kodak patents