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February 2010

February 2009 Archives

Dec 31: Kodak and Digital Photography

Has Kodak missed the moment? Excerpt:

'In recent months, Kodak has spent more than $300m on acquisitions, including the $250m purchase from Israel's Scitex of an Ohio-based digital-printing businessan operation, ironically, that Kodak sold to Scitex in 1993 for $70m. As it makes more purchases, will Kodak get carried away and pay prices which are too high?....

Managing the traditional film business for cash is how Kodak plans to fund much of its strategy. It has described emerging markets as its reservoir of growth. In China, for instance, it expects film sales to grow by 7-9% a year until 2006. In India, an annual growth rate of 6-8% is expected. In China, it has purchased a 20% stake in Lucky Film, the country's biggest maker of camera film, for $100m. '