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VirtualFund Inc., an investment company with holdings in Internet services and graphics businesses, said it would sell its digital-graphics unit to specialty-chemicals maker MacDermid Inc. for $50 million.
Agfa-Gevaert, one of the oldest names in the photography business, said on Thursday that it was selling its consumer film and photo labs business to the team running it to focus on its more profitable medical imaging and graphics businesses.
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While the graphics business did account for approximately 70% of total revenues, the non-graphics businesses grew at a significantly faster rate.
Advanced Micro entered the graphics business in October after acquiring a Canadian company, ATI Technologies.
To make ends meet, he and his brother, Fabio, started a small graphics business.
His father owned Sloane Press, a printing and graphics business that was in Manhattan.
If you are a co-operative graphics business looking for work from clients, it can't be good for business.
The company also announced a 20percentt staff reduction in its struggling display and graphics business, mostly in the United States.
Profit declined 15.9percentto to $846 million in the display and graphics business, which makes screen coatings for liquid-crystal displays.
Eight years ago, Google bought a cool little graphics business called Keyhole, which had been working on 3D maps.
Kodak's graphics business is struggling, as digital technologies continue to supplant the need for Kodak films.
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