Industry News, Mergers and Acquisitions, Printers News

Kodak Completes Acquisition of Creo

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Eastman Kodak Company completed its acquisition of Creo Inc., a premier supplier of prepress and workflow systems used by commercial printers around the world, on June 15. Creo’s extensive solutions portfolio is now part of the Graphic Solutions & Services (GS&S) operating unit within Kodak’s Graphic Communications Group (GCG).      The transaction was valued at approximately $988 million. Kodak expects the acquisition to add approximately $700 million in revenue.          “The inclu...

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