UNDATED (CNN) -- Kodak announced today (Wednesday) a sell-off of 525-million-dollars worth of digital imaging patents.
It's all part of Eastman Kodak's strategy to emerge from bankruptcy in the first half of next year (2013).
The deal still needs to be approved by bankruptcy court.
Kodak CEO says the patent sale will help the company move toward "further growth and success."
The company ways the sale will let them to narrow their focus to commercial imaging technologies as they emerge from Chapter 11.