FoxBusiness reported that Kodak agreed to sell some of its Document Imaging assets, which offers scanners, capture software and services, to Brother Industries. The article said that the cash deal is valued at $210 million.
FoxBusiness noted that the Japanese company will take on bankrupt Kodak’s deferred service revenue of its Document Imaging business, which was approximately $67 million at year-end 2012.
To read the entire FoxBusiness article, click here.
Previously on abfjournal.com:
Kodak and Lenders Close Financing Agreement, Monday, March 25, 2013