<p>Shutterfly Inc. (SFLY - Analyst Report) has again showed its interest in Eastman Kodak Company. Recently, the leading Internet-based social expression and personal publishing services company inked a deal with Kodak Company to license 1,100 Kodak imaging patents along with some other patents that Kodak retains as part of its current business.</p><p>The move came in the wake of Eastman Kodak's efforts to come out of the bankruptcy protection in the first half of next year. Eastman Kodak has finalized a set of agreements resulting in $525 million of monetization of its digital imaging patents.</p><p>The latest deal follows Shutterfly's acquisition of Kodak Gallery online photo services in June-July this year for $23.8 million. Eastman Kodak Co, which had filed for bankruptcy protection in January this year, intends to streamline its model and concentrate on its core business to reap profits through these divestures.</p><p>Apart from Shutterfly, there are 11 more intellectual property licensees like Adobe Systems Inc. (ADBE - Analyst Report), Google Inc. (GOOG - Analyst Report), each of which will receive rights of the digital imaging patent portfolio and some other Kodak patents.</p><p><a href="http://www.zacks.com/stock/news/89180/shutterfly-becomes-kodak-licensee">Keep reading...</a></p><p>Read also:</p><p><a href="http://jewishvoiceny.com/index.php?option=com_content&view=article&id=2669:apple-google-rim-to-buy-kodak-patents-for-525-million&catid=96:business&Itemid=279">Apple, Google, RIM To Buy Kodak Patents For $ 525 Million</a> (The Jewish Voice)</p><p>Explore: <a href="http://news.google.com/news/more?ncl=dzLGccy2amkPnmMDV3gkT-niUxbpM&ned=us">3 additional articles.</a></p>