Xerox May be Purchasing Kodak’s Commercial Inkjet Business

Kodak PROSPER 5000XLi

PrintWeek reports that Eastman Kodak, which will announce its quarterly financial results tomorrow, may be purchasing Kodak’s Ohio-based high-speed Prosper commercial-inkjet printer business.

According to PrintWeek:

“A source close to the situation told PrintWeek that a deal was ‘imminent’ and ‘had now been agreed’ and the purchaser was Xerox, which has long been tipped as a likely home for the business.”

Xerox acquired French commercial inkjet-printer developer Impika in 2013, and has stated that it intends to grow its commercial-inkjet-printer business both internally and through acquisitions.

Xerox CEO Jeff Jacobson declined to comment when asked about the UltraStream acquisition earlier this year.

Editor’s Note: This article previously incorrectly stated that Xerox purchased Impika for $11 billion. The error, which we regret, has been corrected.

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2 Responses

  1. Xerox did not pay 11 billion dollars of Impika in 2013. You need to do a little proof reading or better fact checking.

  2. Kathleen Wirth says:

    The article has been corrected.

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