Sony Spins Off Camera Business Into Separate Company

Early this morning, Sony announced that it would be spinning off its entire "Electronics Products & Solutions" (EP&S) segment—including its imaging and mobile businesses—into an intermediate holding company called "Sony Electronics Corporation."

Kodak to Sell Its Camera Film and Imaging Businesses in $2.8 Billion Deal

We reported last August that Kodak was looking to sell its camera film business along with a number of other core businesses. Well, the company has now succeeded.

Kodak announced today that it has reached an agreement to sell off its two remaining imaging divisions -- which includes its photographic film business -- in a major deal worth $2.8 billion.