Kodak on way to bankruptcy

[kochu]

Saw a news item yesterday that the financial situation of Kodak is real bad . May be bankruptcy is on cards.

Wonder what will happen to Kodak CCD based astro cameras.

Looks like CMOS will take over.

http://www.electronicsweekly.com/Articl ... ye-ccd.htm

BTW never knew that SBIG is owned by Avi-Tech Electronics Limited, headquartered in Singapore, but assembles in China.

Kochu/3-10-11

[Robin Lee]

Saw a news item yesterday that the financial situation of Kodak is real bad . May be bankruptcy is on cards.

Wonder what will happen to Kodak CCD based astro cameras.

Looks like CMOS will take over.

http://www.electronicsweekly.com/Articl ... ye-ccd.htm

BTW never knew that SBIG is owned by Avi-Tech Electronics Limited, headquartered in Singapore, but assembles in China.

Kochu/3-10-11

The acquisition of SBIG by Aplegen took place around 11 February early this year. The CEO Ron Bissinger himself is also an avid amateur astronomer.

On Kodak, perhaps some other companies will acquire it instead?

Source: http://www.sbig.com/news.php

[Airconvent]

http://www.dpreview.com/news/1111/11110805kodaknews.asp

Well, the situation does not appear to be very healthy but neither is Kodak on their deathbed. They are in process of rationalizing their core business to stay profitable.
Looks lik they just sold their FF sensor facility.

[kochu]

What a fall from $ 90 to 76 cents.....

http://www.chicagotribune.com/business/ ... 3203.story


Kochu/4-1-12

[Airconvent]

So sad when a popular icon has to end up like that. I still have a 1970s era Kodak film camera..

[kochu]

Kodak prepares for bankruptcy proceedings.

Now who will supply the Kodak chips used on most popular CCD cameras like SBIG , QSI, QHI, FLI etccc....??????

http://online.wsj.com/article/SB1000142 ... lenews_wsj

Kochu/5-1-12

[cloud_cover]

I guess if its a profitable part of the business, someone will buy it out.
On the other hand, if its loss making, then it will simply be stopped and Kodak sensors will be a thing of the past.

[kochu]

Finally.......

http://www.ft.com/cms/s/0/68054e1c-4267 ... z1jt3MIPh0

Kochu/19-1-12

[kochu]

Latest on Kodak Sensor division.

Kochu/25-1-12
----------------------
Quote
What was Kodak's sensor division is now known as Truesense Imaging, Inc. It was
sold off prior to the bankruptcy filing. The sensor division is profitable
which is likely why it was sold, because it had value and so it wouldn't
get tangled up in the bankruptcy. The entire team of employees at
Truesense is intact and excited about the future.
Unquote
-----------------------

[Gary]

Thanks for the info. Found the press release info here:
http://www.kodak.com/ek/US/en/Kodak_Sel ... Equity.htm