The Eastman Dry Plate Company (Kodak) was founded

On Jan. 1, 1881, the Eastman Dry Plate Company (Eastman Kodak) was founded in Rochester, New York. Kodak Co, the photography icon, invented the hand-held camera.

In 2012, Kodak annunced that it had filed for bankruptcy protection, The Chapter 11 filing made Kodak one of the largest corporate casualties of the digital age, after it failed to embrace more modern technologies such as the digital camera, a product it introduced in 1975.

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Source: Reuters
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