Eastman Kodak Buys Out KPG, Nears Deal to Acquire Creo

Upon completion of the KPG acquisition, its CEO, Jeff Jacobson, is to become COO of GCG and president of the group's new Graphic Solutions & Services operating unit. Jacobson will report to James Langley, GCG president and senior vice president of Eastman Kodak.

Creo's operations are to become part of that same business unit when the transaction closes.