Kodak agrees to license its brand to JK Imaging

Posted at: 01/07/2013 8:48 PM

Eastman Kodak has agreed to license its brand to JK Imaging. The Los Angeles based company plans to use the brand on some of its products including digital and pocket video cameras and portable projectors.

No word yet how much money this multi-year deal means for Kodak.

Kodak filed for bankruptcy protection a year ago and has cuts thousands of jobs, sold businesses and announced plans to close entire divisions in an effort to deal with its financial issues.

The CEO of JK Imaging says it plans to launch its first Kodak branded products starting in April.