In a bid to raise money to fund its turnaround, Eastman Kodak Co. is trying to sell its online photo-sharing business, Kodak Gallery, people familiar with the matter said.
The people said the onetime film giant has approached photo-sharing websites, competitors, private-equity firms and retailers about buying the unit, which enables users to store their digital photos and print them out into scrapbooks, cards and calendars for a fee.
The Rochester, N.Y.-based company is seeking ?hundreds of millions of dollars? for Kodak Gallery, according to a person who has been approached to buy the business. But the site has been losing users in recent years, and the drop in traffic is a big deterrent to potential buyers, people who were approached say.
Read the rest of this post on the original site ?
Source: http://allthingsd.com/20111117/kodak-seeks-to-sell-online-photo-sharing-business-kodak-gallery/
michael jackson kids father of the bride father of the bride bluebeard blue angels weather miami ohio state
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.