The company is mining its patent library to find new potential business models
With film cameras the domain of a select few and the digital camera realm owned by rival companies, Rochester-based camera icon Kodak is reaching into its past to try to find ways to branch out.
The company is looking to old patents to find new ways to extend its life span, the New York Times reports.
From The Times:
Kodak has around $2 billion in annual sales today; in 1990, it was $19 billion. Its work force has been cut from a high of 145,000 to just 8,000, downsizing that has been deeply felt in the company’s home town of Rochester, New York.