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Kodak Sells Their Document Imaging Division to Brother; Here’s The Entire Timeline

Chris Gampat
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04/16/2013
2 Mins read

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According to PMANewsline, the further splintering of Kodak has continued. And this time, they’re parting ways with their Document Imaging business for around $210 million. Brother will also get stuck with a “deferred service revenue liability” totaling $67 million.

Now, let’s take a look at the entire timeline of what’s been happening in Kodak’s current whirlwind.

2012

2/10: Kodak announces that they’re backing out of the camera business.

3/01: Kodak discontinues all their slide film.

7/03: Ektachrome becomes tougher to find in stores.

8/23: The first mumbles of the company selling off their film business hits the web.

9/28: After previously announcing that they would restructure to work in the printing business (and even after going to many trade shows in NYC showing off their printers) Kodak announces that they’re pulling out of the printer business.

11/14: Kodak becomes set to receive $793M from a slew of banks, however there is a stipulation that the company make at least a half a billion on their patent sales, which thus far has not been a successful venture.

11/24: Rumors stir that Lomography may be a potential suitor for Kodak.

12/07: The company’s digital imaging patents are sold for $500+ Million.

12/13: In a very weird move, Kodak releases a new Super 8 film.

12/19: Apple, Google and Microsoft are named amongst the purchasers of Kodak’s patents.

2013

1/18: Kodak and a company that might as well be branded a startup called JK Imaging announce a new Micro Four Thirds camera. JK Imaging is also announced as a new member of the Micro Four Thirds coalition.

1/23: The approval for the massive loan finally comes through.

1/24: Kodak expects to exit bankruptcy before the end of the year.

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Chris Gampat is the Editor in Chief, Founder, and Publisher of the Phoblographer. He provides oversight to all of the daily tasks, including editorial, administrative, and advertising work. Chris's editorial work includes not only editing and scheduling articles but also writing them himself. He's the author of various product guides, educational pieces, product reviews, and interviews with photographers. He's fascinated by how photographers create, considering the fact that he's legally blind./ HIGHLIGHTS: Chris used to work in Men's lifestyle and tech. He's a veteran technology writer, editor, and reviewer with more than 15 years experience. He's also a Photographer that has had his share of bylines and viral projects like "Secret Order of the Slice." PAST BYLINES: Gear Patrol, PC Mag, Geek.com, Digital Photo Pro, Resource Magazine, Yahoo! News, Yahoo! Finance, IGN, PDN, and others. EXPERIENCE: Chris Gampat began working in tech and art journalism both in 2008. He started at PCMag, Magnum Photos, and Geek.com. He founded the Phoblographer in 2009 after working at places like PDN and Photography Bay. He left his day job as the Social Media Content Developer at B&H Photo in the early 2010s. Since then, he's evolved as a publisher using AI ethically, coming up with ethical ways to bring in affiliate income, and preaching the word of diversity in the photo industry. His background and work has spread to non-profits like American Photographic Arts where he's done work to get photographers various benefits. His skills are in SEO, app development, content planning, ethics management, photography, Wordpress, and other things. EDUCATION: Chris graduated Magna Cum Laude from Adelphi University with a degree in Communications in Journalism in 2009. Since then, he's learned and adapted to various things in the fields of social media, SEO, app development, e-commerce development, HTML, etc. FAVORITE SUBJECT TO PHOTOGRAPH: Chris enjoys creating conceptual work that makes people stare at his photos. But he doesn't get to do much of this because of the high demand of photography content. / BEST PHOTOGRAPHY TIP: Don't do it in post-production when you can do it in-camera.
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