Kodak Continues Sell-Off With Image Sensor Deal

Law360, New York (November 7, 2011, 8:51 PM EST) -- Struggling photography company Eastman Kodak Co. has sold its image sensor business and one of its facilities to private equity firm Platinum Equity LLC, run by California billionaire Tom Gores, in an effort to further boost its finances, Kodak said Monday.

The price Platinum Equity paid for Kodak's Image Sensor Solutions and a 263,000 square-foot manufacturing and research facility owned by Kodak in the company's Rochester, N.Y., hometown wasn't disclosed. Kodak will retain access to the image sensor technology it sold for use in its own...
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