EDITOR'S notebook

Kodak Takes Industry By Storm With Deals

It wasn't a big surprise when Eastman Kodak bought out Heidelberg's 50 percent stake in their Rochester, NY-based NexPress Solutions joint venture in May of last year, or even when Kodak acquired Dayton, OH-based Scitex Digital four months earlier. But two back-to-back announcements last month that it has purchased Sun Chemical's half interest in its Kodak Polychrome Graphics (KPG) joint venture and plans to acquire Creo Inc. outright certainly have many industry pundits and Wall Street analysts taking notice. Combined, the KPG and Creo acquisitions by Eastman Kodak will total almost $1.8 billion.