Kodak selling film portion of business

6:38 PM, Aug 24, 2012   |    comments
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(CNN) - When is the last time you bought a roll of film? Or even used a film camera?

Film has been overtaken by digital imaging in recent years.

Now the bankrupt camera company, Eastman Kodak, is putting the film portion of its business up for sale.

The iconic company's officials say they're selling the unit that includes its "traditional photographic paper and still camera film products."

The unit also includes its retail division, which encompasses tens of thousands of photo-printing labs and kiosks, as well as its division that provides souvenir photos at theme parks and other venues.

The company is also selling its document scanning business.

Kodak's CEO says he wants the deal to go through in the first half of 2013.

Rochester, New York-based Kodak invented the digital camera in the 1970s, but Kodak failed to embrace digital technology as aggressively as competitors such as Sony, Nikon and Samsung.

CNN