Polaroid Corporation

Polaroid Corporation was an American company best known for its instant film and cameras, which now survives as a brand for consumer electronics. The company was founded in 1937 by Edwin H. Land, to exploit the use of his Polaroid polarizing polymer. Land and Polaroid created the first instant camera, the Land Camera, in 1948.

Land ran the company until 1981. Its peak employment was 21,000 in 1978, and its peak revenue was $3 billion in 1991.

Polaroid Corporation was declared bankrupt in 2001; its brand and assets were sold off. A new Polaroid company formed, and the brand assets changed hands multiple times before being sold to Polish billionaire in 2017. This acquisition allowed Impossible Project, which had started producing instant films for older Polaroid cameras in 2008, to rebrand as Polaroid Originals in 2017, and eventually as Polaroid in 2020. Since the original company's downfall, Polaroid-branded products in other fields, such as LCD televisions and DVD players, have been developed and released by various licensees globally. Provided by Wikipedia