Eastman Kodak

EFI proved that "what happens in Vegas doesn't have to stay in Vegas," especially for the roughly 800 attendees who could select from more than 150 breakout and training sessions at the EFI Connect users' group meeting held here Jan. 15-18 at the Wynn Las Vegas. Sessions covered MIS/ERP software, Web-to-print systems, industrial inkjet printers and Fiery technology.

The completion of the sale transaction enables Kodak to repay a substantial amount of its initial DIP loan, satisfy a key condition for its newly approved financing facility, and position its core Commercial Imaging business for future growth and success.

Citing a shifting marketing landscape and the need to take a different approach to connecting with customers more often and more effectively, Kodak announced that will not exhibit at PRINT 2013 in Chicago, nor IPEX 2014 in London. And, going forward, the company will significantly reduce its participation in conventional trade shows and rely more on its North American demo centers in Dayton, OH; Rochester, NY; and Vancouver.

1-800-Postcards has recently enhanced its digital printing capabilities even further by investing in a Kodak NexPress SX3300 Press, and is reportedly the only provider in Manhattan that utilizes the Kodak NexPress Digital Color Platform. In addition to investing in NexPress technology, it also uses NexPress Thermal Direct Non Process Plates for high-quality offset printing.

Kodak is “well on its way” to completing its reorganization and the financing will support the company as it develops its plan, Andrew Dietderich, a Kodak attorney, said at the hearing. Kodak said in a statement that it plans to emerge from bankruptcy in the middle of this year.

Kodak, based in Rochester, New York, filed for bankruptcy in January 2012, and Chief Executive Officer Antonio Perez has been selling businesses to shrink the company and fund its shift into commercial printing and packaging. Earlier this month, it won court approval to sell patents to a group of technology companies

Kodak will receive approximately $525 million, a portion of which will be paid by a group of 12 intellectual property licensees organized by Intellectual Ventures and RPX Corp. Each licensee will receive rights with respect to the digital imaging patent portfolio and certain other Kodak patents.

ROCHESTER, NY—Apple Inc. and Google Inc. have offered more than $500 million to buy Eastman Kodak's patents out of bankruptcy, Bloomberg News reported. The entities partnered after leading two separate groups in the quest to purchase a number of Kodak's 1,100 imaging patents, Bloomberg said, quoting people familiar with the situation.

Automated Graphic Systems, a Consolidated Graphics company, and Kodak welcomed nearly 90 guests at an open house and networking event this Tuesday. The event was held at the AGS facility in White Plains, MD. Attendees learned about the trends that are shaping the print industry and saw the full-color Kodak Prosper 5000XL inkjet press in action producing live print jobs.

Apple Inc.  and Google Inc. have joined forces to offer more than $500 million to buy Eastman Kodak’s patents out of bankruptcy, said people familiar with the situation. The two companies…have partnered after leading two separate groups this summer to buy some of Kodak’s 1,100 imaging patents, said the people, who asked not to be identified.

“Apple and Google learned a lesson from the Nortel’s auction,” said Richard Ehrlickman, president of IP Offerings, a patent brokerage and consulting company in Boca Raton, Florida. “They have decided to come together in this process to reduce the cost of purchasing the Kodak patents

Finch Paper has launched its FIT (Fluid + Ink + Toner) Color Management and Workflow Services progra