Xerox May be Purchasing Kodak’s Commercial Inkjet Business
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 for $11 billion, 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.
Update: Kodak has stated that it will not be selling its Prosper inkjet business – see story here.
- March 2016: On Heels of $75 Million Loss, Kodak Seeking to Sell PROSPER Enterprise Inkjet Business
- February 2015: New Xerox Rialto 900 Color-Inkjet Production Printer First to be Developed with Impika
- February 2015: Xerox Purchases Impika, Maker of Water-Based Inkjet Production-Printing Systems
- June 2014: Xerox Opens Inkjet Innovation Centre to Showcase Impika Inkjet Commercial Print
- February 2013: Xerox Purchases Impika, Maker of Water-Based Inkjet Production-Printing Systems