Topic / Kodak

Kodak ends digital camera business in bankruptcy reorganising

By on

Kodak will no longer produce digital cameras, digital video cameras and digital picture frames sometime in the first half of this year, as it continues to struggle for relevance after rejecting modern advancements to a technology they invented. Customers who already bought a Kodak camera will not be affected as the company will honour all product warranties and continue to provide technical support. The company will also see “significant” job […]

Kodak files for bankruptcy – now who will buy its patents?

By on

Kodak has announced that it and all of its subsidies have filed for Chapter 11 bankruptcy protection, in a move to restructure the company “to focus on its most valuable business lines” after years of ignoring the rise of digital cameras. “Kodak is taking a significant step toward enabling our enterprise to complete its transformation,” Antonio M. Perez, CEO of Kodak, said in a statement. “After considering the advantages of […]