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Hub AI
Kodak Alaris AI simulator
(@Kodak Alaris_simulator)
Hub AI
Kodak Alaris AI simulator
(@Kodak Alaris_simulator)
Kodak Alaris
Kodak Alaris is a British-based company currently comprising two divisions: Alaris, hardware and software for digital imaging and information management; and Kodak Moments, retail photo printing kiosks and sales and marketing of traditional photographic film. The company is headquartered in Hemel Hempstead, Hertfordshire. The company shares ownership of the Kodak brand with the Eastman Kodak Company (usually known simply as Kodak).
In 2012, Kodak filed for bankruptcy after a years-long decline in the company's core film photography business. As part of the bankruptcy, Kodak faced a $2.8 billion claim by the UK Kodak Pension Plan (KPP). The claim was resolved and Kodak Alaris was formed when KPP paid $325 million for Kodak's personalized imaging and document imaging businesses.
In 2014, the company appointed Ralf Gerbershagen as CEO. Also in 2014, Mark Elliott was named chairman of the Board of Kodak Alaris.
In 2015, the company created AI Foundry, which provides business process automation solutions that use artificial intelligence (AI) and imaging science to automate data capture workflows.
In 2016, the company launched Kodak Moments, a visual storytelling app, at the South by Southwest festival. The company closed its only colour paper factory in Harrow, UK and outsourced all RA-4 paper production to Carestream Health, US formerly the Eastman Kodak health group, with production at a facility in Windsor, Colorado.
In 2017, the company appointed Marc Jourlait as CEO, completed a balance sheet restructuring, renewed a rotating credit facility, and completed the sale of its manufacturing facility, Kodak Works in Harrow.
In 2018, the company's Information Management division announced that it would begin to operate under the name Alaris.
In 2020, the Paper, Photochemicals, Display, and Software business was sold to Sino Promise, China which was also a major distributor for Kodak Alaris. This includes Kodak color negative paper, photochemicals (Color process photochemicals for photolabs and B&W retail photo processing chemicals), display substrates (Duratrans, etc.) and printing software businesses. Sino Promise had previously purchased some of the manufacturing assets of Kodak Alaris (formerly Kodak China) and so was already the manufacturer of the color process chemicals and undertook paper finishing. The AI foundry business was also sold to US mortgage company Guaranteed Rate.
Kodak Alaris
Kodak Alaris is a British-based company currently comprising two divisions: Alaris, hardware and software for digital imaging and information management; and Kodak Moments, retail photo printing kiosks and sales and marketing of traditional photographic film. The company is headquartered in Hemel Hempstead, Hertfordshire. The company shares ownership of the Kodak brand with the Eastman Kodak Company (usually known simply as Kodak).
In 2012, Kodak filed for bankruptcy after a years-long decline in the company's core film photography business. As part of the bankruptcy, Kodak faced a $2.8 billion claim by the UK Kodak Pension Plan (KPP). The claim was resolved and Kodak Alaris was formed when KPP paid $325 million for Kodak's personalized imaging and document imaging businesses.
In 2014, the company appointed Ralf Gerbershagen as CEO. Also in 2014, Mark Elliott was named chairman of the Board of Kodak Alaris.
In 2015, the company created AI Foundry, which provides business process automation solutions that use artificial intelligence (AI) and imaging science to automate data capture workflows.
In 2016, the company launched Kodak Moments, a visual storytelling app, at the South by Southwest festival. The company closed its only colour paper factory in Harrow, UK and outsourced all RA-4 paper production to Carestream Health, US formerly the Eastman Kodak health group, with production at a facility in Windsor, Colorado.
In 2017, the company appointed Marc Jourlait as CEO, completed a balance sheet restructuring, renewed a rotating credit facility, and completed the sale of its manufacturing facility, Kodak Works in Harrow.
In 2018, the company's Information Management division announced that it would begin to operate under the name Alaris.
In 2020, the Paper, Photochemicals, Display, and Software business was sold to Sino Promise, China which was also a major distributor for Kodak Alaris. This includes Kodak color negative paper, photochemicals (Color process photochemicals for photolabs and B&W retail photo processing chemicals), display substrates (Duratrans, etc.) and printing software businesses. Sino Promise had previously purchased some of the manufacturing assets of Kodak Alaris (formerly Kodak China) and so was already the manufacturer of the color process chemicals and undertook paper finishing. The AI foundry business was also sold to US mortgage company Guaranteed Rate.