Kodak to Sell Scanning Business to Brother for $210 Million

Eastman Kodak announced yesterday that it has entered into an agreement with Brother Industries for the proposed sale of its Document Imaging business. The deal includes a cash purchase price of approximately $210 million and about $67 million inĀ deferred service revenue liability. If a better deal is not offered by another company, Brother will likely take control of Kodak’s scanning hardware and software products. Continue reading Kodak to Sell Scanning Business to Brother for $210 Million