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Message: Re: Summit
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Jun 08, 2011 10:45AM
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Jun 08, 2011 03:55PM

Jun 08, 2011 05:15PM
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Jun 08, 2011 09:10PM
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Jun 09, 2011 10:16AM
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Jun 09, 2011 11:44AM

Flextronics fit?

Use of Polaroid brand following bankruptcy............. link

After the bankruptcy, the Polaroid brand was licensed for use on other products with the assistance of Skadden, Arps, Slate, Meagher & Flom. In September 2002, World Wide Licenses, a subsidiary of The Character Group plc, was granted the exclusive rights for three years to manufacture and sell digital cameras under the Polaroid brand for distribution internationally.[13] Polaroid branded LCDs and plasma televisions and portable DVD players had also appeared on the market.

On April 27, 2005, Petters Group Worldwide announced its acquisition of PHC. Petters has in the past bought up failed companies with well-known names for the value of those names. The same year, Flextronics purchased Polaroid's manufacturing operations and the decision was made to send most of the manufacturing to China.[14] The "new" Polaroid Corporation filed for Chapter 11 bankruptcy on December 18, 2008.[15]

On June 19, 2009, The new holding corporation for Polaroid, PLR IP Holdings, LLC announced an exclusive 5-year agreement with Summit Global Group to produce and distribute Polaroid branded digital still cameras, digital video cameras, digital photo frames and PoGo™ branded mobile products. Summit Global Group added several former Polaroid employees to their staff. The company expects the agreement to yield $1.3 billion in retail sales over an unspecified period beginning in 2009.[16]

Summit Technology Group, LLC.

The following leadership of SGG, where STG is part of a joint venture....worked for Flextronics. SGG management translated page some what fuzzy

Larry Harmer

Giovanni Tomaselli World Wide Licenses, a subsidiary of The Character Group plc Global Industrial Services Limited :Worldwide licensee for Polaroid Imaging products,

Patrick Bailey not on the SGG site, but works for SGG, just noting the Flextronics connection

Michael Pahuta President Summit Technology Group dead links

Impossible dream : "An agreement has also been reached with The Summit Global Group – a joint venture between Michael Pahuta’s Summit Technology, former Polaroid Corp chief executive Larry Harmer and Global Industrial Services (Giovanni Tomaselli), an electronics designer"

I'm wondering where Flextronics fits in this mess.

doni

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Jun 09, 2011 01:08PM
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