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Kodak Sells Image Sensor Business to Platinum Equity (Imaging-resource)
ROCHESTER, N.Y., November 07 -- Eastman Kodak Company (NYSE:EK) announced
today that it has completed the sale of its Image Sensor Solutions (ISS)
business to Platinum Equity in a move that will sharpen Kodak's operational
focus and strengthen its financial position. While the financial details were
not disclosed, Kodak will have continuing access to the image sensor
technology involved in this transaction for use in its own products. Kodak has
previously communicated that it would sell assets that are not central to its
transformation to a profitable, sustainable digital company. This...
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