- The Eastman Kodak Company, commonly known as Kodak, is an American technology company that concentrates on imaging products, with its historic basis on photography
Kodak Net worth 2024 (estimated)
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Kodak facts
- The company is headquartered in Rochester, New York, United States and incorporated in New Jersey
- It was founded by George Eastman in 1888
- Kodak provides packaging, functional printing, graphic communications and professional services for businesses around the world
- Its main business segments are Digital Printing & Enterprise and Graphics, Entertainment & Commercial Films
- It is best known for photographic film products
- During most of the 20th century Kodak held a dominant position in photographic film
- The company's ubiquity was such that its tagline "Kodak moment" entered the common lexicon to describe a personal event that demanded to be recorded for posterity
- Kodak began to struggle financially in the late 1990s as a result of the decline in sales of photographic film and its slowness in transitioning to digital photography
- As part of a turnaround strategy, Kodak focused on digital photography and digital printing and attempted to generate revenues through aggressive patent litigation
- In January 2012, Kodak filed for Chapter 11 bankruptcy protection in the United States District Court for the Southern District of New York
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