Kodak tentatively sells its scanning business to Brother for $210 million

Blog sponsored by Engadget.com 15.4.2013 Comments Off on Kodak tentatively sells its scanning business to Brother for $210 million

Kodak tentatively sells its scanning business to Brother for $210 million

Kodak as we once knew it has been shedding its identity piece by piece, and today it’s selling off one of the more familiar cornerstones. The one-time photography legend has made an initial deal to offload its Document Imaging division to Brother for $210 million through a stalking horse bid. If no one else makes a sweeter offer, Brother is likely to take control of Kodak’s scanning hardware and software in an agreement that’s expected to receive bankruptcy court approval by June. It’s the end of an era for a company that’s all too familiar with ending eras — let’s just hope it gets around to starting one of them in the near future.

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