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
Werner Pawlok In 1985 Kodak commissioned Pawlok for the series "Around the World in 40 days" shown at the 1986 photokina, Cologne in a solo exhibition. In 1988 he started working with the Polaroid 20×24-inch camera and moved to TriBeCa in New York City to work on his art projects. In the same year he invented the transfer technique using the 20×24 Polaroid Camera to start his series "Photography Paintings". With this series Werner Pawlok emphasizes his intention to dispel the traditional categorisation separating photography from painting. The concept of the shots aims to evoke the style of European classical portrait painting