2005 Market outlook year in review -- Cheers to 2004
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This was not the only big move in the graphic arts market for Eastman Kodak. The company also signed an agreement to acquire the assets and business of Scitex Digital Printing for $250 million in cash.
In another mega-deal announced in the beginning of the year, FedEx acquired Kinko's in a $2.4 billion cash deal. Kinko's is now able to offer new or expanded FedEx shipping options at all 1,200 locations worldwide. Prior to the deal, only 134 stores had staffed FedEx counters.
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