Eastman Kodak reports that it’s expanding its Gold Reseller Network, which is made up of channel partners for the graphic-imaging industry, Gold Resellers will carry Kodak’s full portfolio of solutions and services for commerical pre-press and packaging customers in regions all across the United States and Canada. Kodak’s Gold Reseller Network includes Advantage Litho Supply, G.E. […]
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Kodak Introducs New ScanMate i940 Document Scanner Designed for Apple Mac Users
Kodak’s Document Imaging business is rolling out a new document scanner for Apple Mac users, the ScanMate i940 Scanner for Macintosh Computers, which is based on the Scanmate i940 for PC users. Kodak says it worked with partner NewSoft to integrate its Perfect Page technology and Newsoft Presto! PageManager 9 Software into the ScanMate i940 […]
Kodak Launches Info Insight Platform Software for Integrating Unstructured Data such as emails into Business Processes
A new software platform from Kodak’s Document Imaging business, Info Insight Platform, is designed to enable companies to process virtually any unstructured data—including text messages, social media posts, and emails. According to Kodak, its new Info Insight Platform reads, understands, and uses incoming and existing data to create a stream of information and knowledge to […]
Kodak Officially Nixes Sale of its Document Imaging Business to Brother
On May 9th, Brother Industries of Japan has issued a notice stating that on April 28th, it had received a notice from Eastman Kodak CEO Antonio C. Perez that Kodak has chosen to terminate its agreement for Brother to acquire certain assets of Kodak’s Document Imaging business. Kodak will instead be selling its Document Imaging […]
Kodak Files Plan to Emerge from Chapter 11 Bankruptcy
Eastman Kodak has filed its plan to emerge from Chapter 11 bankrupcty protection with the U.S. Bankruptcy Court for the Southern District of New York. The company expects to emerge from Chapter 11 restructuring in the third quarter. The Plan of Reorganization and Disclosure Statement contain a detailed description of Kodak’s post Chapter 11-emergence business plan, […]
Kodak to Sell its Personalized Imaging and Document Imaging Businesses to U.K. Kodak Pension Plan; Reports First Quarter Profit
Eastman Kodak Company announced a settlement agreement with the U.K. Kodak Pension Plan (KPP), its largest creditor, under which Kodak will sell its Personalized Imaging and Document Imaging businesses to KPP for $650 million. Earlier this month, Kodak announced that Brother will be seeking to purchase Kodak’s Document Imaging for some $210 million. Brother International […]
Ricoh Sues Kodak over Printer Patents
Law360 reports that on April 18th, Ricoh Americas Corporation filed a lawsuit against Eastman Kodak Company in a New York bankruptcy court alleging that Kodak infringed on seven patents through the manufacture and sale of its printers. Ricoh contends that Kodak’s sale of the allegedly infringing products is inducing others to infringe the patents as well, […]
Kodak Looks to Sell Document-Imaging Assets to Brother for $210 Million
Eastman Kodak Company will sell some of its Document Imaging assets to Brother Industries, Ltd. of Japan for approximately $210 million. Brother, which will use the acquisition to expand into the document-scanning market, will also assume the deferred service-revenue liability for the business, which totaled approximately $67 million as of December 31, 2012. Kodak’s Document Imaging business […]
Kodak Names Spicers a Gold Reseller for the Canadian Graphic-Communications Market
Eastman Kodak has named Spicers Canada Limited a Gold Reseller throughout Canada for Kodak commercial-imaging solutions. Spicers is a long-standing Canadian reseller of Kodak’s Unified Workflow Solutions, such as Kodak PRINERGY Workflow, CTP Systems, and plates, consumables, and services. The expanded Gold Reseller designation will enable Spicers to offer a broader range of solutions, including […]
Kodak Obtains Financing, on Track to Emerge from Chapter 11 this Year
On March 22nd, Eastman Kodak reported that it closed its previously announced $848 million financing with members of the Steering Committee of the Second Lien Noteholders and other holders of Kodak’s Senior Secured Notes. This new financing, together with the amendment and restatement of Kodak’s existing debtor-in possession credit agreement, strengthens Kodak’s position and its ability […]
Kodak Negotiates Referral Agreement with Dell Premier OEM Partner, Arrow Electronics
Kodak has entered into a referral agreement with Arrow Electronics, a supply channel provider of electronic components and computing solutions and a Premier Dell OEM partner. The agreement gives Kodak customers access to Arrow’s expertise in enterprise computing and storage solutions, enhancing the performance of Kodak Unified Workflow Solutions. Featuring high-performance Dell OEM solutions, Arrow’s portfolio […]
Kodak Launches PROSPER 5000XLi Color Inkjet Production Printer
At the Hunkeler Innovationdays trade show being held in Lucerne, Switzerland, Eastman Kodak launched its latest digital full-color inkjet production printer, the PROSPER 5000XLi Press, which Kodak says combines the field-proven performance of the PROSPER Press Platform, with new press management technology that constantly monitors and adjusts settings to ensure the highest quality output. At the core of […]
Kodak Completes Sale of Digital-Imaging Patents for $527 Million
Eastman Kodak reports that it’s successfully completed sales of its digital-imaging patents for $527 million. The sale is part of Kodak’s plan to emerge from Chapter 11 in mid-2013. The transaction, which achieves one of Kodak’s key restructuring objectives, follows other recent accomplishments that include final court approval last week for the company’s interim and […]
New A4-Size i2900 Document Scanner from Kodak with Flatbed Book Scanning
Kodak continues to expand its document-scanner family with the introduction today of the i2900 Scanner, which can scan documents up to A4 in size, and features an integrated book-edge A4-size flatbed scanner for scanning book pages, magazines, passports, folders, fragile documents, etc. The i2900 also features a compact footprint size of 17″ x 15″, and combines […]
Judge OKs Kodak to Receive up to $844 Million in Loans
Eastman Kodak Company received approval from U.S. Bankruptcy Court Judge Allan Gropper of the Southern District of New York authorizing Kodak to receive up to $844 million in loans. Kodak says the approval will help it emerge from Chapter 11 bankruptcy protection in mid-2013. “The Court’s approval of this financing commitment puts Kodak in a […]
Kodak Rolls Out A3-Size Desktop Document Scanners
Kodak has introduced two new desktop color document scanners, the i3200 and i3400, which can scan documents up to 11″x17″ (A3) in size. Both are for higher-volume scanning, and have compact footprints measuring 17″ x 15.” The scanners also incorporate graphic displays that indicate the current job name or job status. Administrators may customize the graphic […]
Kodak Gets Green Light to Sell Digital-Imaging Patents
Eastman Kodak, which filed for Chapter 11 bankruptcy protection two years ago, has received court approval from a U.S. bankruptcy judge to sell its digital-imaging portfolio for $526 million to a consortium of companies that includes Amazon, Apple, Facebook, Google, and Samsung Electronics. Kodak had originally sought $2 billion for the patents, however. Kodak’s sale […]
Kodak Signs off on Agreements to Sell Digital-Imaging Patents for $525 Million
Eastman Kodak reports that it’s completed a series of agreements for selling its digital-imaging patents as part of its strategy for emerging from Chapter 11 bankruptcy protection. It currently expects to successfully emerge from Chapter 11 restructuring in the first half of 2013. Under the agreements, Kodak will receive approximately $525 million, a portion of […]
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Top Stories for the Week of June 10th, 2013
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