Headlines News Business
Kodak acquires the assets of ECRM Incorporated’s CTP business

Eastman Kodak acquires the assets of ECRM Incorporated’s CTP (computer-to-plate) device business for the graphic arts and newspaper industries.

Based in Massachusetts, ECRM provides imaging technologies for the graphic communications industry. The transaction includes the equipment, contracts, inventory and intellectual property of the acquired business. The financial terms of the transaction have not been disclosed.

The acquisition will strengthen Kodak’s position in the CTP segment of the commercial printing industry.

“This acquisition reflects Kodak’s commitment to the printing industry and our focus on investing in growth,” said Jim Continenza, Kodak’s CEO. “Acquiring the assets of an impressive company like ECRM makes us an even stronger player in the CTP category and we will continue to look for ways to better serve customers across the spectrum of traditional and digital print.”