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Mark Peters : May 17th 2005 - 11:10 CET

Kodak able to complete acquisition of Creo


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KodakKodak able to complete acquisition of Creo : Eastman Kodak Company announced that it has received the approval of the European Union to complete its proposed acquisition of Creo Inc. Kodak announced on January 31 that it had entered into a definitive agreement to acquire Creo, a premier supplier of prepress systems used by commercial printers worldwide. Based in Vancouver, Canada, Creo is the world’s No. 1 provider of workflow software used by printers to manage efficiently the movement of text, graphics and images from the computer screen to the printing press.The shareholders of Creo approved the transaction on March 29. The European Union’s action follows approvals received from regulatory authorities in Canada and Israel.




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