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 type 55 the edges, creating positive and negative images. A consequence of the process is an impression of a frame on the unprotected negative. The result (a perfect negative surrounded by imperfect frame-like image on three sides, the fourth showing an impression of connective mesh) creates a distinctive "Polaroid frame look" that became popular, so much so photographers who did not use large format cameras (or any kind of chemical process) graphically combine a conventional photographic image, however created, with a superimposed image of an original 'Polaroid frame' as a graphic effect. In 2001 Polaroid filed for bankruptcy protection, and in February