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 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 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 Reports Loss for Commercial Printing Group Narrowing
Eastman Kodak released its full-year 2012 financial results, reporting that although it’s still reporting operating losses, losses for its commercial-printing group narrowed, and that it continues to expect to emerge from Chapter 11 bankruptcy protection mid-2013. It also reports that it will continue to focus on strengthening its commercial-printing groups as it goes forward. The […]
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 […]
Kodak Receives $830 Million in Loans as it Continues to Reorganize, Aiming to Emerge from Chapter 11 Next Year
Eastman Kodak Company reports that it’s received and accepted an offer from the Steering Committee of the Second Lien Noteholders Committee for interim and exit financing totaling $830 million in loans. It says the new loans are superior to – and therefore will replace – the $793 million commitment announced by the company on November […]
Kodak Reports $312 Million Loss for Third Quarter
From the Associated Press: Eastman Kodak’s losses widened to $312 million in the third quarter as the photo and printing company struggles to emerge from bankruptcy protection. The loss reported late Tuesday compares to a loss of $222 million at the same time last year. Revenue for the three-month stretch ending in September totaled $1 […]
Kodak Bails on Consumer Inkjet Business
Another company is exiting the consumer inkjet market – this time, it’s Eastman Kodak, which follows up on the heels of Lexmark, the latter of which announced it was exiting inkjet last month. Kodak will still however continue to sell ink to customers, but will wind down its consumer inkjet division. According to Kodak CEO […]
Kodak Introduces Info Active Solution for Scan
Kodak has introduced Info Activate Solution, a new server-based solution for automated scanning and document routing. According to Kodak, Info Activate Solution is less complicated than traditional capture and enterprise content management (ECM) systems. As an application, built using Microsoft SharePoint 2010 as the development platform, it enables businesses to leverage their existing investment in […]
“Failed Strategies and the Death of Kodak”
Kodak’s smart to keep its commercial printing business, but is it smart to keep its consumer inkjet printers, which may not stand up to competitors from Hewlett-Packard and Epson? The following article written by John C. Dvorak appears on MarketWatch.com: The tale of woe regarding the Eastman Kodak Co. and its bankruptcy needs a Harvard […]
Kodak to Sell Document-Imaging, Film-Product Businesses
Kodak announced yesterday that it will sell its Document Imaging and Personalized Imaging businesses, and will instead focus on its commercial, packaging and functional printing solutions and enterprise services. It will also keep its consumer inkjet-printer business, as well as its Entertainment Imaging, Commercial Film and Specialty Chemicals businesses. The Document Imaging business includes scanners, capture […]










