Polaroid Corporation Polaroid Corporation Polaroid is an American company that is a brand licensor and marketer of its portfolio of consumer electronics to companies that distribute consumer electronics and eyewear. It is best known for its Polaroid instant film and cameras. In 2017, its parent company was acquired by Polish investor Oskar Smołokowski. The company was founded in 1937 by Edwin H. Land, to exploit the use of its Polaroid polarizing polymer. Land ran the company until 1981. Its peak employment was 21,000 in 1978, and its peak revenue was $3 billion in 1991. When the original Polaroid Corporation was declared bankrupt
Instant camera integral instant film, similar to but incompatible with Polaroid's SX-70 film. The film was chemically similar to Polaroid's with the exception that the negative was exposed from the rear and the dye/developers diffused to the front of the photogragh. This alleviated the need for a mirror to reverse the image before it struck the negative. Even so, Polaroid brought a patent-infringement lawsuit against Kodak, and eventually Kodak was forced to stop manufacture of both the camera and film. Kodak was also left to pay a settlement to customers who were left without a way to use their now defunct cameras.