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Posts Tagged ‘actively’

Sigma rumored to be ‘actively working on’ RF-mount lens road map for 2020 announcement

21 Nov

According to a report from Canon Rumors, Sigma is ‘actively working on an RF-mount lens roadmap’ and is expected to announce its plans sometime in ‘early 2020.’

Canon Rumors’ report, which comes from an unnamed source, goes on to say that distributors have received early information regarding Sigma’s plans, but no specific information regarding potential lenses or launch dates was divulged.

Canon Rumors only ranked this rumor a ‘[CR2]’ (with [CR1] being very unlikely to happen and [CR3] being most likely to happen), so while it’s down the middle in validity it’s worth taking with a grain of salt. Still though, Canon Rumors suspects the announcement would be made ahead of CP+ in February if it were to be made at all.

Sigma offers nearly all of its EF-mount Global Vision Lenses for Nikon’s F-mount as well, so it wouldn’t come as a surprise if this purported lens roadmap from Sigma would also apply to Nikon’s Z-mount cameras too, considering the similarities in mount designs. However, much like the roadmap itself, this is purely speculation.

We have contacted Sigma for a comment and will update this article accordingly if we hear back.

Articles: Digital Photography Review (dpreview.com)

 
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Kodak Alaris is actively looking to sell off its paper and film unit for an estimated $34M

06 Feb

A surprising report has revealed that Kodak Alaris, specifically its film unit responsible for bringing back Ektachrome 35mm film products, is up for sale. The business move was revealed by Inside Imaging, which reports that at least part of Kodak Alaris may be split off and sold as soon as next month.

Though the company had not publicly revealed its plans, some details emerged from a recently discovered financial report lodged with the UK’s Companies House in December 2018. According to the report, which covers a time period of January 1 to March 31, 2017, Kodak Alaris’ Paper, Photochemicals and Film (PPF) unit has been up for sale since January 2018 following the board’s decision to ‘actively divest the business to a buyer with greater market synergies.’

The report indicates the unit has a conservatively estimated value of $ 34 million and that ‘advanced discussions with a bidder’ for the PPF unit are currently underway. Kodak Alaris, at least based on the financial report, anticipates the sale will happen by March 31, 2019, but with the potential for spilling over to a later date.

Kodak Alaris’ sole shareholder is the Kodak Pension Plan, a UK pension fund referred to as KPP2 that acquired Kodak Alaris from Eastman Kodak for $ 325 million in 2013. With Kodak Alaris came £1.5 billion / $ 2.7b in debt, and though Kodak Alaris is a profitable business, its bottom line after taxes has seen huge losses.

Kodak Alaris CEO Marc Jourlait confirmed to Inside Imaging that the company has ‘privately briefed’ potential customers on its intention to ‘explore sale of some or all of our assets.’ The PPF unit is already ‘at an advanced stage of negotiations with a potential buyers [sic].’

Articles: Digital Photography Review (dpreview.com)

 
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