Kodak to Become Owner of Kodak Polychrome
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Eastman Kodak Co. EK.N on Wednesday  said it will take full control of Kodak Polychrome Graphics, a  maker of photographic films and plates, by buying Sun Chemical  Corp.'s 50 percent stake in the joint venture for about $817  million over several years.
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Blog: Kodak responds to consumer love of portability, large LCDs and enough megapixels for wall prints.
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The move comes less than a week after a jury ruled in Kodak's favor in the $1 billion patent-infringement lawsuit.
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Kodak has won a legal battle over Java that could see Sun landed with a $1bn legal bill. According to ruling made by a court in Rochester, New York, Sun has infringed a patent Kodak bought from Wang Laboratories
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Kodak enjoys a rise in profits thanks to strong sales of digital cameras but its traditional film business continues to struggle.
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Eastman Kodak Co.  said on  Thursday it expected to cut up to 3,000 additional jobs and  complete a three-year restructuring program by the end of 2007  that it says will help sustain profitability.
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Photography company Eastman Kodak Co.  EK.N on Wednesday raised its growth forecast on digital  products and services, such as cameras and medical imaging, key  areas it is depending on to offset rapidly declining sales in  its traditional film business.
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Eastman Kodak Co.  said on  Thursday it expected to complete a three-year restructuring  program by the end of 2007, including additional job cuts, that  will help it sustain profitability.
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Eastman Kodak EK.N on Monday said it  would buy printing technology firm Creo Inc. CRE.TO for about  $980 million in cash, to bolster its strategy to push more  aggressively into the commercial printing business.
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Eastman Kodak Co.  said on  Thursday it has developed digital camera technology that nearly  eliminates the need for flash photography, part of the  company&#39;s effort to make money from its deep patent portfolio.
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Eastman Kodak Co., in the midst of its strengthening its position in digital imaging, said Wednesday it expects sales of digital products and services to increase by about 36 per cent between 2003 and 2007.
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HP is introducing printers with more features targeted at home-based business owners, while Kodak is just entering the market.
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NEW YORK -- Eastman Kodak Co. is cutting 3,000 more jobs this year as the picture-taking pioneer wraps up its wrenching transformation into a digital imaging company focused on consumer photography and commercial printing.
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EASTMAN Kodak is in line for a $1.06bn (Â£580m) payout after winning a controversial patent lawsuit against Sun Microsystems. A jury has ruled that Sun&#39;s Java software infringes several software patents that Eastman Kodak bought in 1997.
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Eastman Kodak Company and IBM will work together to develop and manufacture image sensors used in such consumer products as digital still cameras and camera phones.
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Eastman Kodak Co.  said on  Thursday it has developed digital camera technology that nearly  eliminates the need for flash photography, part of the  company's effort to make money from its deep patent portfolio.
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Sun will pay Kodak $92 million and will receive in exchange a license under all Kodak patents for the benefit of the Java technology and under the patents in the lawsuit for any and all purposes.