Assignment 3 A New Strategy for Kodak

EastmanKodakto Form New Wireless Imaging Company

On 9 JanuaryEastmanKodakannounced it will form a wireless technology company called Appairent Technologies Inc. The new company is the result of years of seed funding and technology incubation inKodak's research and development labs. It will useKodak's patented wireless technologies to develop commercial products for the wireless transmission of video, still images and data. Through Appairent Technologies,Kodakwill build a major commercial presence in the highly dynamic info imaging industry.

Appairent Technologies will be funded byKodakand the Monroe Fund, a private venture capital fund managed by the Trillium Group, which is a Rochester, New York-based venture capital and commercial...