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Polaroid cuts R&D, digital plans

Under new owner, firm is little more than brand name

By Jeffrey Krasner
Globe Staff / August 2, 2005

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Three months after completing its takeover of Polaroid Corp. in Waltham, Petters Group Worldwide LLC has abandoned the company's digital imaging technology and laid off most of its once-vaunted research and development staff, according to an internal memo and Polaroid employees. (Full article: 831 words)

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