(DOW JONES) DJN: WSJ(5/24): Apple, Kodak In Pact On Software License
DJN: WSJ(5/24): Apple, Kodak In Pact On Software License
By Pui-Wing Tam
Staff Reporter Of The Wall Street Journal
Apple Computer Inc. said it will license its QuickTime multimedia and video
streaming software to Eastman Kodak Co., scoring a win over similar
technology from competitors such as Microsoft Corp. and RealNetworks Inc.
The agreement could extend the reach of QuickTime, which has been available
primarily through desktop and laptop computers. Kodak, of Rochester, N.Y.,
said it will use the technology for future digital cameras and will allow
the company to make models that let users easily create video clips.
QuickTime, though developed originally for Apple's Macintosh computers, also
works with Microsoft's Windows operating system. In a statement, Eastman
Kodak Senior Vice President Willy Shih called the ability to use multimedia
files in both formats was an "important consideration" in choosing Apple's
technology.
Apple Chief Executive Steve Jobs said, "We think this is a pretty big deal,
and there will be more to follow. We've been working with Kodak a while on
digital cameras." Philip Schiller, vice president of world-wide product
marketing for Apple, Cupertino, Calif., declined to disclose financial terms
of the agreement.
(END) DOW JONES NEWS 05-23-00
11:16 PM
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