Kodak to Sell Consumer and Imaging Units, Refocuses on Commercial Printing
"We are confident that our competitive advantages in materials science and deposition technologies, as well as our know-how in digital imaging, will enable us to capitalize on those opportunities and extend our leadership in key growth markets," he added.
Selling off the consumer units will mark the end of an era for the company whose name became synonymous with film. If the sale of the units is successful, the Kodak will have shed the last vestiges of its original business model. The company has stated that its plans for emerging from bankruptcy will see its business "primarily focused on commercial, packaging and functional printing solutions and enterprise services."
- Companies:
- Eastman Kodak Co.
- People:
- Antonio Perez
- Kyle Richardson
Kyle A. Richardson is the editorial director of Promo Marketing. He joined the company in 2006 brings more than a decade of publishing, marketing and media experience to the magazine. If you see him, buy him a drink.