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Technology / AI and automation

KODAK COMPLETES PICTUREVISION DEAL

Eastman Kodak Co says it has completed its previously announced acquisition of 51% of the stock of privately-held digital imaging outfit PictureVision Inc (CI No 3,358). Kodak is still not saying how much it doled out for the majority interest in the Herndon, Virgina company. PictureVision will operate as an independent Kodak subsidiary, with its chief executive Phil Garfinkle serving as general manager of Kodak’s Network Services Division in addition to keeping his current job. Kodak will consolidate the Kodak Picture Network with PictureVision’s PhotoNet service.

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CBR Staff Writer

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