Thursday, November 10, 2011

Kodak sells image sensor business

Eastman Kodak Company announced that it has completed the sale of its Image Sensor Solutions (ISS) business to Platinum Equity, a global firm specializing in the merger, acquisition and operation of companies that provide services and solutions to customers in a broad range of business markets.

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. Included in the sale is a 263,000 square foot facility in Eastman Business Park in Rochester, N.Y., that houses manufacturing and research facilities.

Source: Kodak.

No comments: