Kodak, Alibaba, Create New eCommerce Company eApeiron

Eastman Kodak is reporting the launch of a new ecommerce company, called eApeiron, that it’s created out of the assets of Kodak, as well as through an investment from China’s Alibaba Group.

Kodak says eApeiron is “a pioneering company dedicated to revolutionizing e-commerce solutions through world-class scientific research and technology development.” Leadership for the new company includes Founder, Chairman and CEO Charles Fernandez, as well as Kodak CEO Jeff Clarke, who will serve as vice chairman of eApeiron.

eApeiron will be headquartered in Miami, Florida, and will locate its research, engineering, and manufacturing operations within Kodak’s Eastman Business Park in Rochester, New York. eApeiron and Kodak have also agreed to a long-term research partnership with Kodak’s research labs.

eApeiron is said to provide technology solutions for brands, retailers, and e-commerce platforms to safeguard the integrity of the supply chain from manufacturing to distribution and sales. eApeiron owns a globally tested suite of technologies tailored for retail and e-commerce, including a tagging system offering a unique signature profile for identifying and tracking products throughout the supply chain.

“We’re excited to introduce eApeiron to the world. Utilizing Kodak’s invaluable assets, talent, and over 100 years of leadership in materials science and imaging technology expertise, eApeiron will be a game-changer for the e-commerce industry,” said Fernandez. “No validation is stronger than the partnership of leaders in the imaging technologies and e-commerce space. We look forward to leading the growth of science and technology in the rapidly accelerating field of e-commerce.”

eApeiron is said to provide technology solutions for brands, retailers, and e-commerce platforms to safeguard the integrity of the supply chain from manufacturing to distribution and sales.

More Resources

• May 2016: Kodak Reports Smaller Loss for First Quarter, But Revenues Lower Due to Decline in Legacy Consumer Inkjet
• March 2016: On Heels of $75 Million Loss, Kodak Seeking to Sell PROSPER Enterprise Inkjet Business
• March 2016: Kodak and Carbon 3D to Jointly Develop 3D-Printing Technology
• February 2016: Kodak Selects LMI Solutions to Sell Kodak Toner Cartridges
• November 2015: Kodak Alaris Creates AI Foundry to Help Businesses Manage and Process Data with the Help of Artificial Intelligence
• November 2015: eReplacements to Market Remanufactured Ink Cartridges Under Kodak Brand Name
• October 2015: Loss for Kodak’s Third Quarter, but Says ‘On Track’ to Meet 2015 Earnings Goals
• August 2015: To Meet Increased Demand for Chemical-Free SONORA Plates, Kodak Expands Manufacturing Plant
• August 2015: Smaller Loss for Kodak, Commerical Printing Sales and Revenue on the Upswing