Pending regulatory review, Micron Technology is going to purchase Lexar in a stock-to-stock merger. According to the press release linked below this is being done to allow Micron to control their production of flash memory devices from design through sales.
Announced March 8, 2006, the merger is expected to end during Q3 of ‘06 and [...]
For the first time, Kodak has profitted more from digital products than film products over the course of a year. Digital sales represented 54% of total revenu for Kodak in 2005.
Link to the Full story.
Kodak CEO, Antonio M Perez, gave an interview to the New York Times last week in which he hints at the future of cameras as Kodak sees it.
KonicaMinolta announced today that they will be discontinuing their camera and photographic material lines.
A few key points from the press release:
Some of their cameras will be transferred to Sony, who will continue supporting the Minolta lens mount.
Color film and paper are being transitioned out and will officially stop being produced by the end [...]
Yesterday Nikon announced that they will be discontinuing all but 2 of their film SLR cameras, calling it ‘reshaping’. This is being done in response to the increase in demand for compact digital cameras and decreased demand for film bodies.
At the CES last week, Kodak introduced a new logo. The new look replaces the look of their traditional yellow film box with a more contemporary look.
Since 1907, the Kodak logo has gone through several changes…