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Kodak: we're not dead yet

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Posted 11-01-12 at 12:39 PM by Ian

Kodak's share price jumped by nearly 50 percent yesterday after some bullish statements by the company that challenged the growing concern that the company might be on its last legs. Admittedly, the share price is still near its historical low, but Kodak's news that it is making further structural changes, including a the creation of a business unit focused on consumer digital products, has revived positive interest in the company's fortunes.

One of the company's key revenue streams in recent years has been as a result of suing other companies for infringements of its considerable library of technology patents. Indeed, when I typed in 'patent' and 'sue' on Google this morning Kodak was the top search result. Kodak has been in court against companies as large as Sony and Samsung over patent infringements and has now set its sights on smartphone giants Apple and HTC over a patent that it owns that relates to the transmission of digital images.

While Kodak is suing 3rd parties for infringments of its patents, Kodak is also trying to earn cash through selling and licencing some of its patents. Meanwhile, Kodak's ink-jet printer business is apparently going well, so fears that Kodak was planning for bankruptcy soon now appear to be wide of the mark.
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Comments

  1. Old Comment
    Barr1e's Avatar
    It seems they were the first with digital but missed the opportunity.

    http://www.bbc.co.uk/news/magazine-16483509

    Regards. Barr1e
    Posted 13-01-12 at 04:34 PM by Barr1e Barr1e is offline
 

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