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Kodak Announces Strategic Decision to Retain PROSPER Inkjet Business

Kodak expects products built on ULTRASTREAM technology to go to market in 2019.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Eastman Kodak Company announced it will retain its PROSPER inkjet business. The decision was made following in-depth management review of business operations and multiple discussions with prospective buyers.   “This is a pragmatic decision given the improvements in the business and the offers received,” said Jeff Clarke, Kodak CEO. “PROSPER performed well in 2016 with a 40 percent increase in annuity sales for the full year. We expect our Enterprise Inkjet Systems Division (EISD) to be profita...

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