Kodak stops at the end of June with the production of digital cameras, pocketcamcorders and digital photo frames. The decision should be an annual savings of 100 million dollars. The company now concentrates more on running businesses.
The step was all. The company has made the transition from analog to digital photography will be missed and had the last few years, a part of his patentenportfolio sell to the head above the water.
So sold the end of last year to his part of the business that image sensors for third party develops to the durfinvesteerder Platinum Equity. The former and profitable business, Kodak is now as an independent company under the name Truesense Imaging, so read at CNet. In 2009 they sold Kodak are also oled-knowledge of LG.
For the cessation of the production of digital cameras, pocketcamcorders and digital photo frames and the corresponding cost the company $ 30 million aside. According to Kodak it will dispose of the business, for an annual savings of 100 million dollars to ensure.
Kodak stops are cameratak to focus on businesses that do it well. So put the company on consumentenprinters and retains it at the moment, online photo service, Kodak Gallery and its activities in the field of photo-ontwikkelkiosken in shops. At the end of november last year there were rumours that Kodak are Kodak Gallery-online photo service the hand wanted to do.
Also, the company will focus increasingly on the selling of licenses have been patentenportfolio. Kodak is since 19 January in case of suspension of payment and has a credit of 950 million from Citigroup received in order to carry through the reorganization.