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Imaging pioneer Eastman Kodak is operating under bankruptcy protection, and has agreed to sell the customer accounts of Kodak Gallery to Shutterfly for US$23.8 million. The agreement with Shutterfly was described as a “stalking horse” bid that sets the minimum price for other bids for the business. The competitive bidding in a court-supervised auction will “ensure the maximisation of [...]
Imaging pioneer Kodak has revealed that they will not be producing digital cameras, pocket video cameras and digital picture frames this year as it focuses on more profitable products.Kodak plans to get out of that business in the first half of the year as the bankrupt company looks to cut costs. Imaging giants Kodak filed for [...]
U.S. based Imaging giants Eastman Kodak has filed a lawsuit against Korean giants Samsung allegedly infringing five patents. Kodak filed its complaint in the U.S. US District Court for the Western District of New York revealing that Samsung tablets infringes its patents. The infringement all relates to the capture and transmission of digital images, which add to Samsung’s [...]
Kodak has announced their very first smartphone with 16 Megapixel which is powered with Android Mobile Operation System. The phone’s camera performance is really impressive because of it’s the megapixel of the camera that allowing you to take more beautiful pictures without taking your DSLR camera around as the Kodak’s Polaroid enables you to use [...]
U.S. based Eastman Kodak is preparing to file bankruptcy within weeks according to WSJ. The Company is terrible struggling to raise cash which it needs to stay afloat and to transition into the printing business this year. In recent weeks and months Kodak began shopping around 1,100 digital-imaging patents that financial analysts think might fetch $2 billion [...]