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  Kodak to Form New Wireless Tech Co.
Time: 15:52 EST/20:52 GMT | News Source: Associated Press | Posted By: Guillaume Hbert

Photo giant Eastman Kodak Co. (NYSE:EK - news) on Wednesday said it would form a new company to develop products based on its research into more efficient wireless transmission of high quality video, photographs and data. Appairent Technologies Inc. will use patented wireless technologies from Kodak's research and development labs, and is part of the company's goal of commercializing its technologies to expand the info-imaging category -- a $225 billion industry based on the convergence of images and information technology.

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