Kodak Threatened Bankrupt
Right in January 2012 ago, Kodak went bankrupt. It was because Kodak was unable to adapt to digital technology shift. Eastman Kodak Co. said on last Thursday Kodak plans to sell the majority of consumer business and document imaging and focus to the commercial printing to get up from bankruptcy . Companies need to increase approximately $ 700 million to pay creditors in order to get out of bankruptcy. Initially, sales of patents appraised can help Kodak, but in reality, companies still need some additional funds. “To ensure sufficient funding to get out of bankruptcy, sales some of our important business,” Perez said as reported by Reuters on Sunday (08/26/2012). Efforts selling Kodak imaging business covers most consumer products and retail printing kiosks, and its imaging business documents. Meanwhile, Perez declined comment about company’s patent sales in progress. The Wall Street Journal reported earlier this month, there are offerings from Apple and Google Inc., which came unexpected.Read More on http://www.technonewspaper.com Related Posts Kodak Officially Stop Production camera
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