News: Page (1) of 1 - 11/15/01 Email this story to a friend. email article Print this page (Article printing at MyDmn.com).print page facebook

Kodak To Nab Encad

Wide-format printer maker to become Kodak subsidiary in 2002 By Dave Nagel
Kodak plans to expand further into the wide-format printing business. The company announced today plans to acquire Encad, a manufacturer of wide-format inkjet printers and supplies, in early 2002. Kodak says the deal will make the company one of the top-3 sellers of inkjet products.

Right now, wide-format printing, including printers and supplies, is a $2.4 billion market. Kodak says this is growing at a 15 percent rate annually and expects its wide-format division to start contributing profit by 2003. Kodak's product offerings will include printers, media, inks and software.


Kodak introduced its own wide-format printer a couple months ago, though shipments in the United States will not begin until 2002. The printer is the Kodak Professional 5260 Inkjet Printer, the first in a new line of high-speed, wide-format inkjet printers. It uses piezo inkjet print head technology, six colors and Dynamic Contone printing.

The acquisition will cost Kodak $25 million. It is still pending regulatory and Encad shareholder approval.

For more information, visit http://www.kodak.com.

Dave Nagel is the producer of Creative Mac and Digital Media Designer; host of several World Wide User Groups, including Synthetik Studio Artist, Adobe Photoshop, Adobe InDesign, Adobe LiveMotion, Creative Mac and Digital Media Designer; and executive producer of the Digital Media Net family of publications. You can reach him at dnagel@digitalmedianet.com.

Page: 1


Related Keywords:Kodak To Nab Encad

HOT THREADS on DMN Forums
Content-type: text/html  Rss  Add to Google Reader or
Homepage    Add to My AOL  Add to Excite MIX  Subscribe in
NewsGator Online 
Real-Time - what users are saying - Right Now!

Our Privacy Policy --- @ Copyright, 2015 Digital Media Online, All Rights Reserved