Kodak

Axel Springer has ordered a further 19 Kodak Prosper S30 inkjet printheads from Manroland Web Systems as it continues to roll out its hybrid printing investment across all of its German printing...

Kodak is set to file its long-awaited reorganisation plan next month.

Eastman Kodak completed the sale and licensing of its digital imaging patents for $527m this week as it asked for yet another extension to the deadline for filing its Chapter 11 plan.

Kodak has published its financial projections for the next five years in a presentation for creditors as part of its Chapter 11 bankruptcy proceedings.

Kodak has received court approval for the $525m (327m) sale of its digital imaging patents, once valued at more than $2.5bn, although the judge admitted to being "disappointed in the price".

Kodak's pre-tax and net losses averaged more than $100m (61m) a month in the first nine months of 2012, according to its combined statement for the period to 30 September 2012.

Reports have emerged that tech heavyweights Apple and Google are putting together a joint bid for more than $500 million in digital imaging patents currently up for sale by Kodak.

Kodak has received an offer in excess of the required $500m for its digital imaging patents, according to reports.

Kodak said its lenders were demonstrating increased confidence in the company's future after they boosted its $793m interim and exit finance facility by $37m and established "improved" terms for...

Eastman Kodak has been told it must sell its digital imaging patent portfolio for "no less than $500m" as a condition of a new interim and exit finance facility totalling nearly $800m.