Tech

Kodak Bankruptcy

Kodak, the 131-year-old photography pioneer, filed for bankruptcy on January 19th 2012.Eastman Kodak announced early this morning that filing for Chapter 11 bankruptcy was “the right thing to do for the future” of the company.In a statement, Kodak CEO Antonio Perez said company leadership decided the move was “a necessary step.”Innovation Trail has followed the story over the course of 2012.

Kodak launches innovation institute

WXXI News | By Zack Seward

Published December 7, 2010 at 4:45 PM EST

With the new Innovation and Material Sciences Institute, Kodak wants to spread the wealth (and get in on the ground floor).

Kodak's unveiling the brand new Innovation and Material Sciences Institute tonight with a panel discussion at Rochester's George Eastman House.

The new venture, known as IMSI, is basically about connecting startups in the field of materials science with the resources that could help them make it big. For the startups it's about scaling up; for Kodak it's about establishing partnerships.

You can listen to the full story on IMSI below:

http://stream.publicbroadcasting.net/production/mp3/wxxi/local-wxxi-938747.mp3

And we'll also be live tweeting the panel discussion at @InnovationTrail starting at 5:30 p.m.