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Kodak to exit consumer photography, while tech giants gang-up to buy patents

25 Aug

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Kodak has announced it will sell two of its business divisions, ending its role as a consumer-facing photographic company. The Personalized Imaging business includes print kiosks and consumer film, while the Document Imaging business includes scanners and commercial document management. Both businesses will be sold as going concerns. Meanwhile the Wall Street Journal has reported that many of the world’s biggest technology companies, including Samsung, Apple and Google, have formed a consortium to bid for Kodak’s digital imaging patents, significantly lowering the price the amount the sale is likely to raise.

News: Digital Photography Review (dpreview.com)

 
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