Already sold the sensor division too.
After arriving late to the digital photography party, Kodak took another step away from the market yesterday by selling off its sensor business to CA-based firm
Platinum Equity. The sale of
Kodak Image Sensor Solutions (KISS) — which includes the company’s 263,000 square foot facility in Rochester — will hopefully give Kodak the boost of cash it needs to
avoid bankruptcy and turn into a healthy business. Kodak sensors are found in a number of popular cameras, including the Leica M9 and S2.
The company is also looking into selling a chunk of its patents to raise more cash, which will help it in its current efforts to
transform into a printer and ink company.