Eastman Kodak Buys Out KPG, Nears Deal to Acquire Creo

The deal is slated to close within three to five months, pending traditional regulatory approval.

These buyouts are said to conclude Kodak's current acquisition program for its Graphic Communications Group (GCG). Previously folded into this group were wide-format ink-jet printer specialist Encad Inc., high-speed ink-jet systems manufacturer Kodak Versamark, and digital color and monochrome press supplier NexPress Solutions, along with Kodak's Document Products and Services (DPS) operations that provide high-speed document scanners and office equipment maintenance services.