Industry News, Mergers and Acquisitions, Printers News

Kodak Provides Update on PROSPER Sale

Company reports that it remains in talks with potential buyers, but talks will continue into 2017.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Kodak provided an update on the sale process for its PROSPER commercial inkjet business.   “We anticipated an announcement of an agreement for the sale of the PROSPER business by the end of 2016 and remain in talks with potential buyers. We now expect discussions to continue into 2017,” said Philip Cullimore, president, Enterprise Inkjet and Micro 3D Printing & Packaging Divisions. Details of the sale process remain confidential. “The PROSPER business has been very strong over the first ni...

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