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Article: Kodak completes acquisition of Scitex Digital Printing; Renames operation Kodak Versamark, Inc.
- Article from:
- M2 Presswire
- Article date:
- January 6, 2004
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M2 PRESSWIRE-6 January 2004-KODAK: Kodak completes acquisition of Scitex Digital Printing; Renames operation Kodak Versamark, Inc.(C)1994-2004 M2 COMMUNICATIONS LTD
RDATE:01052004
ROCHESTER, N.Y. - Eastman Kodak Company announced the completion of its acquisition of the assets of Dayton, Ohio-based Scitex Digital Printing (SDP), the world leader in high-speed, variable data inkjet printing systems, from Scitex Corporation Ltd.
Kodak acquired the assets of Scitex Digital Printing for $250 million and funded the acquisition through available cash, with no incremental borrowing. After taking into account $13 million of Scitex Digital Printing's ...