Kodak Denies Shopping Nexpress Technology

ROCHESTER, NY—On the heels of a Wall Street Journal article, later clarified, that claimed it was planning to shed its toner-based Nexpress technology, Eastman Kodak revealed it is going to expand its focus on the digital press offering, perhaps through a partnership, but will not divest it.

Antonio Perez, Kodak CEO, told Reuters "Given this environment we are not going to be able to invest in the whole portfolio. We are not thinking of divesting any of those businesses. We have to find a way to continue to be in all those businesses without all the risk."