| Kodak files for bankruptcy protection »ca.news.yahoo.com/kodak-preparin···987.html |
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Reviews:
 ·AT&T Yahoo
| Can't believe nobody bought it for it's IPs/patents.
It's either they are asking too much, or resisted to be bought out.
Now they are going to be low-balled and will be offered less.
How they accumulated such big liabilities shows how bad it was managed. |
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 donoreoPremium
join:2002-05-30
North York, ON | reply to fourboxers
A sad day. |
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 Hayward K A R - 1 2 0 CPremium
join:2000-07-13
Key West, FL
kudos:1 | reply to AlphaOne
said by AlphaOne:Can't believe nobody bought it for it's IPs/patents.
It's either they are asking too much, or resisted to be bought out.
Now they are going to be low-balled and will be offered less.
How they accumulated such big liabilities shows how bad it was managed.
They have already sold many of them trying to stay afloat.
Ironically they invented the very thing that killed them... the digital camera.
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| Yup, how ironic.
I almost got a digital back for my F90(N90) way back in the 90's. It's so expensive, thought it's not worth it. Just bought a scanner instead. |
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KearnstdElf WizardPremium
join:2002-01-22
Mullica Hill, NJ | reply to Hayward
said by Hayward:said by AlphaOne:Can't believe nobody bought it for it's IPs/patents.
It's either they are asking too much, or resisted to be bought out.
Now they are going to be low-balled and will be offered less.
How they accumulated such big liabilities shows how bad it was managed.
They have already sold many of them trying to stay afloat. Ironically they invented the very thing that killed them... the digital camera. Something tells me that Kodak had the same issue that GE did with computers, and Xerox did with the GUI and Mouse. They had the knowhow and the money to dominate the industry but management saw the invention as little more than something cool but it was not part of their primary industry so they shelved it.
id imagine management figured "Eh this digital thing will never be mass market, sell the patents and get back to making films"
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[65 Arcanist]Filan(High Elf) Zone: Broadband Reports |
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 Channel OnePremium
join:2010-04-16
Fort Lauderdale, FL
kudos:2
 ·Connexion Techno..
| said by Kearnstd:Something tells me that Kodak had the same issue that GE did with computers, and Xerox did with the GUI and Mouse. In my opinion you have pretty much hit it on the head, Kodak like many other large monolithic manufacturers would embrace a new technology only if they could weave it into their existing technologies.
As an example Kodak produced a number of high resolution, high pixel count sensors only to be utilized for scanning film, be it for 35mm or for medical uses, they wove the new technology into their existing technologies.
And while they where adapting digital backs to Nikon and Canon cameras, Nikon and Canon, minus the yoke of film around their necks where running full speed ahead designing digital cameras from the ground up, and in turn gaining a level of momentum that even if there had been a total change of the corporate culture at Kodak, it would not have made a difference as they where already way too many laps behind in the race, literally they where left at the starting line wondering what the hell just hit them, while trying to decide which way should they run.
This is for those who fail to study the past, corporate history repeating itself, as I am quite sure those in the buggy whip industry viewed Henry Ford’s new fangled invention in the same light that Kodak saw digital cameras in.
As for selling their patents, good luck and they better get moving fast too, technology moves on rapidly and the ideas embodied in those patents becomes worth less with each passing second.
Wayne
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"It is sobering to reflect that one of the best ways to get yourself a reputation as a dangerous citizen these days is to go about repeating the very phrases which our founding fathers used in the struggle for independence." - Charles A. Beard |
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Hayward K A R - 1 2 0 CPremium
join:2000-07-13
Key West, FL
kudos:1
1 edit | said by Channel One:This is for those who fail to study the past, corporate history repeating itself, as I am quite sure those in the buggy whip industry viewed Henry Ford’s new fangled invention in the same light that Kodak saw digital cameras in.
Which of course they should have known from their own history.... late 19th century wet glass plate and other cumbersome and complex technology, George Eastman came up with coated celluloid film a revolutution for the masses they ran with for the next century.
Kodak came up with digital photography just as revolutionary, and never left the starting gate...
Corp BS thinking only internally vs the innovative Eastman who knew what he had come up with and ran with it.
They even had a decade of the still needed tech scientific film world use to adapt, but even now all that is as hi res digital too... really no where to go now even if restructured.
As a small long time shareholder really sad to see. They have not been profitable since 2004... and just been treading water... rather than pushing on.
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KearnstdElf WizardPremium
join:2002-01-22
Mullica Hill, NJ | I think the loss of direction when the founder dies is why the investors for apple are worried about what will happen when the company reaches the end of the road map laid out ahead of time by Jobs.
I bet Eastman himself would have pushed into digital and seized the market by the balls.
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[65 Arcanist]Filan(High Elf) Zone: Broadband Reports |
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Channel OnePremium
join:2010-04-16
Fort Lauderdale, FL
kudos:2 Reviews:
·Connexion Techno..
1 edit | reply to fourboxers
From Electronic Design News.
»www.edn.com/article/520715-Kodak···20120203
Kodak's travails provide multiple lessons
Markets and technologies that once looked as though they would last forever sometimes do not.
Bill Schweber, Contributing Technical Editor -- EDN, February 2, 2012
You’ve undoubtedly seen the news that legendary company Kodak is in serious trouble. On Jan 19, the iconic brand filed for bankruptcy; it is down to just 20% of the employee count that it had a few decades ago. The company hopes to sell off a major part of its patent portfolio to raise some cash.
I neither lament the situation nor criticize past or current management. Plenty of commentators and pundits are already doing that. What bothers me is the number of after-the-fact geniuses who now say what a company like Kodak should have done. The most common refrain I see is along these lines: Kodak invented the digital camera but couldn’t make a business of it. I’m not sure what “invented” means in this case, but it is true that the company has many digital-camera patents.
Wayne
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"It is sobering to reflect that one of the best ways to get yourself a reputation as a dangerous citizen these days is to go about repeating the very phrases which our founding fathers used in the struggle for independence." - Charles A. Beard |
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 ComaThanks StevePremium
join:2001-12-30
NirvanaLand | said by Channel One:The future is difficult to predict, and business has birth, life, and death cycles. So, before you put all your money into Facebook or Google, think carefully about the lessons of our industry and change.
I guess I was just lucky many years ago when I put all my money into a dying company going by the name of Apple Computer.
. . . but I have brain damage, so what do I know. Perhaps it was divine intervention ?
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Live from NirvanaLand™ |
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