Polaroid Corporation in 2001, its brand and assets were sold off. The "new" Polaroid formed as a result, and itself declared bankruptcy in 2008, resulting in a further sale and in the present-day Polaroid Corporation. In May 2017, the brand and intellectual property of the Polaroid corporation were acquired by the largest shareholder of the Impossible Project, which had originally started out in 2008 by producing new instant films for Polaroid cameras. The Impossible Project was renamed Polaroid Originals in September 2017. The original Polaroid Corporation was founded in Cambridge, Massachusetts, by Edwin Land in 1937. Described by "The Boston Globe" as
Polaroid SX-70 the company even produced small "600" AM/FM radios that would run on film packs in which the film cards had been exhausted, but the battery still had enough power to be reused. After Polaroid ceased manufacturing instant film in 2008, the Impossible Project (now Polaroid Originals) began formulating replacements using equipment acquired when the original manufacturing facilities closed. Polaroid's SX-70 "Time-Zero" film was phased out of production in late 2005 to early 2006 (differing according to regional markets). Small quantities of the film may still be acquired, however at often very highly inflated prices. Polaroid Originals produces lines of black