- January 04, 2002, PFFC Staff
NORWALK, CT -- Kodak Polychrome Graphics (KPG) announced today it has completed its acquistion of Imation's worldwide color-proofing and color-software businesses. Say the co., "As the new year begins, KPG's broad portfolio of film, plate, and digital proofing products will expand to include offerings in analog, inkjet, and virtual proofing; a color front-end for digital printing; and color-managment tools."
According to KPG, it is now in the process of bringing its product line together with other newly acquired products as well, including the full Matchprint proofing line, Color Fidelity Module, ColorKey, Rainbow Proofing systems models 2040/4700, as well as graphic art films and Viking plates. The integration process is expected to be complete by the end of the first quarter.
"KPG's acquistion of Imation's color-proofing and color-software businesses does more than just broaden our portfolio, " reports Jeff Jacobson, KPG's CEO. "We're beginning a new chapter in KPG's history, one in which we will partner with our customers in new ways, offering new solutions and services. Our focus, however, remains the same--to help all of our customers succeed in the ever-changing graphic arts industry."
Under the terms of the sale, KPG has acquired Imation's full portfolio of color-proofing, film, plate, and color-software offerings, as well as a portion of Imation's Weatherford, OK, facility that is dedicated to Color Technologies manufacturing. Approximately 500 employees are transferring from Imation to KPG as part of the transaction.
Visit KPG on the web kpgraphics.com.