Eastman Kodak Co., the photography icon that invented the hand-held camera and helped bring the world the first pictures from the moon, has filed for bankruptcy protection, capping a prolonged plunge for one of America's best-known companies.I grew up on all things Kodak. My first camera was made by Kodak. It’s hard to imagine that company disappearing.
The Chapter 11 filing may give Kodak, which traces its roots to 1880, the ability to find buyers for some of its 1,100 digital patents, a major portion of its value.
It may also help Kodak continue to shrink a business that still employs 17,000 people, down from 63,900 just nine years ago.
READ MORE: “So Long, Kodak. And Thanks for All the Pics,” by Dave Knadler (Dave’s Fiction Warehouse).