Not sure what they could bring to the table these days that is truly innovative, in their core field. The only thing they had going for them in photography was really the instant film processing. Their cameras weren't anything special. The German's and then Japanese blew them away in that category. And the Germans still rule in the area of specialized, high end photographic glass.
They still have a “name”... for 59 mil, this is a steal. Just slap the Polaroid name on cheap chinese-made throw away cameras...
Polaroid, for a long time, was great at incrementally advancing the technology of instant print cameras and then viciously defending the patents. I had a Kodak (I believe it was Kodak) instant camera in the early 1980s. It was litigated out of existance by Polaroid. World history is full of instances where all of the rules changed. The dawn of digital photography was one of those and changed Polaroid from a stock to acquire into a worthless company.