Kodak has finally seen sense and decided not to sell its Stream inkjet business after all. Mind you, Kodak does have form here, having sold the inkjet business once already, to Scitex in 1993 for $70 million, before buying it back later in 2004 for $250 million.
Corporate restructuring seems to be all the rage – first HP splits in two, and now Kodak announces its intention to reorganise itself into five business divisions. Continue reading “Kodak restructures itself”
Kodak’s latest Q3 figures show net earnings of $19m, marking a welcome return to profit for the company since its chapter 11 bankruptcy. Continue reading “Kodak back in profit”
Kodak has made some improvements to its Nexpress dry toner printers. This includes the expansion of long sheet capability, from 36 inches to up to 1 metre or 39.37 inches with an optional Long Sheet Feeder. Presses currently installed with a Long Sheet Feeder can be upgraded in field to support the 1 metre sheet length. Continue reading “Kodak updates Nexpress printers”
Kodak has released its System 15.1 software for the Nexpress VII front end. Continue reading “Kodak updates Nexpress front end”
Kodak’s figures for the first quarter of 2014 show a net loss of $36 million. In contrast, the previous year Kodak earned $283 million, though this included Other Operating Income, net of $494 million, primarily from a gain of $535 million from the sale of the digital imaging patent portfolio. Continue reading “Kodak makes loss of $36 million”