Kodak Spins Off Its Personalized Imaging and Document Imaging Businesses

kodak-logo1_0

Kodak, in its continuing story of survival, has taken new steps in their attempt to evolve. As part of its Chapter 11 plan, they have settled with the Kodak Pension Plan (KPP), the pension plan for its UK employees, to spin-off its Personalized Imaging and Document Imaging businesses. This has left the leaders of the PI/DI business very pleased with their new owner. The new company will be named at the closing of the deal however the Kodak brand will continue to be used.

You can read more about this deal here. But we have a whole chronology of the Kodak timeline after the jump.

Continue reading…