Full Description

Eastman Kodak Company (EK.N) (New York Stock Exchange)
As of  27 Nov 2009
4.08USD
Price Change
-0.10
Percent Change
-2.39%
 
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Eastman Kodak Company (Kodak), incorporated in 1901, provides imaging technology products and services to the photographic and graphic communications markets. The Company’s products span digital cameras and accessories; consumer inkjet printers and media; digital picture frames; retail printing kiosks and related media; online imaging services; prepress equipment and consumables; workflow software for commercial printing; electrophotographic equipment and consumables; inkjet printing systems; document scanners; origination and print films for the entertainment industry; consumer and professional photographic film; photographic paper and processing chemicals, and wholesale photofinishing services. The Company operates in three business segments: Consumer Digital Imaging Group (CDG), Film, Photofinishing and Entertainment Group (FPEG), and Graphic Communications Group (GCG).

In September 2009, the Company completed the transaction to acquire the scanner division of BWE BELL + HOWELL. The scanner division, a supplier of document scanners to value-added resellers, systems integrators, and end users, is based in the greater Chicago area and conducts business worldwide, with locations in North America, Europe and Asia. The scanner division became a part of Kodak's Document Imaging Business, within the Business Solutions and Services Group. On April 4, 2008, Eastman Kodak Company completed the acquisition of Design2Launch (D2L), a developer of collaborative end-to-end digital workflow solutions for marketers, brand owners and creative teams. D2L provides turnkey solutions for Graphic Lifecycle Management to the pharmaceutical, food and beverage, automotive and consumer package marketplaces. On April 10, 2008, the Company announced the acquisition of Intermate A/S, a global supplier of remote monitoring and print connectivity solutions.

Consumer Digital Imaging Group (CDG) Segment

The Company is a global player in providing digital photography products and services for consumer markets. Consumer digital products include digital cameras, digital picture frames, home imaging accessory products, and snapshot printers and printer media. Kodak’s line of camera products and accessories enable the consumer to personalize their digital camera and their photographic experience. During the year ended December 31, 2008, Kodak introduced the KODAK Zi6 Pocket Video Camera allowing stunning high definition (HD) videos, which can be easily uploaded to YouTube via a built-in universal serial bus (USB) connector. The Company also introduced a variety of stylish and compact digital still cameras, as well as high performance long zoom cameras with image stabilization like the Z1015 IS. The Company’s wireless digital picture frames enable consumers to easily share and view images and videos with family and friends via photo-sharing sites including KODAK Gallery, and also enjoy Internet content including news, weather, and sports via FrameChannel. During 2008, Kodak introduced the OLED wireless picture frame, featuring a spectacularly vivid display based on organic light emitting diode technology that Kodak invented.

Kodak Gallery is online merchandise and sharing service in the category. The Kodakgallery.com site provides consumers with a secure way to view, store and share their photos with friends and family, and to receive Kodak prints and other products from their pictures, such as photo books, frames, calendars, and a host of other personalized merchandise. Kodak also distributes Kodak EasyShare desktop software at no charge to consumers, which provides organization and editing tools, and unifies the experience between digital cameras, home printers, and the Kodak Gallery services. Kodak's line of charge-coupled device (CCD) and complementary metal-oxide semiconductor (CMOS) sensors provides a market opportunity, including mobile, automotive, industrial and professional imaging sectors. In February 2007, Kodak introduced the Kodak All-in-One Inkjet Printing System.

Film, Photofinishing and Entertainment Group (FPEG) Segment

This segment is composed of traditional photographic products and services including paper, film and chemistry used for consumer, professional and industrial imaging applications and those products and services used in the creation of motion pictures. The Company manufactures and markets films (motion picture, consumer, professional, industrial and aerial), and one-time-use cameras.

Graphic Communications Group (GCG) Segment

The Graphic Communications Group segment serves a variety of customers in the creative, in-plant, data center, commercial printing, packaging, newspaper, and digital service bureau market segments with a range of software, media, and hardware products that provide customers with a variety of solutions for prepress equipment, workflow software, digital and traditional printing, document scanning, and multi-vendor services. Products include digital and traditional prepress equipment and consumables, including plates, chemistry, and media; workflow software and digital controller development; color and black-and-white electrophotographic equipment and consumables; high-speed, high-volume commercial inkjet printing systems; wide-format inkjet inks and media; high-speed production and workgroup document scanners; and micrographic peripherals and media (including micrographic films). GCG also provides maintenance and professional services for Kodak and other manufacturers' products, as well as providing imaging services to customers.

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