ROCHESTER, N.Y., Apr. 10 -- Eastman Kodak Company (NYSE:EK) today announced that it has completed an acquisition of Intermate A/S, a global supplier of remote monitoring and print connectivity solutions used extensively in transactional printing. Kodak expects Intermate’s expertise in Intelligent Printer Data Stream (IPDS) systems, a hardware and software technology that links mid- to high-volume print systems, will extend Kodak’s capabilities in the growing transactional print marketplace. Financial terms of the transaction were not disclosed.
Headquartered in Birkerod, Denmark, Intermate’s solutions provide reliable, high quality printer connectivity and network communication products and solutions, particularly for mission critical transactional printing. The company develops hardware and software IPDS productsaimed at distribution channels and integrating IPDS print technology software into products from printer manufacturers through OEM partnerships. Intermate has helped their strategic partners and customers to understand and become solution providers for the transactional printing markets.
“Kodak continues to see significant growth opportunities in the transactional print marketplace,” said Philip J. Faraci, President and Chief Operating Officer, Eastman Kodak Company. “The combination of Intermate’s IPDS expertise and its strong relationships with strategic partners and OEM providers will strengthen Kodak’s existing Unified Workflow solutions and open new opportunities in data center markets for us and our customers.”
Intermate’s line of hardware and software products for printer connectivity includes:
Intermate will become a part of Kodak’s Print On Demand Solutions Group (PODS), an independent unit of Kodak’s Graphic Communications Group. Based in Israel, PODS provides CREO color servers to Kodak and other industry suppliers, including H-P, Ikon, Konica Minolta, and Xerox.
“Intermate A/S is proud to become a member of the Kodak family. Intermate’s IPDS technology is well established and highly regarded in the IPDS market. Our engineering capabilities and IPDS technologies will only help to solidify Kodak’s leadership position in the printing world. This is synergism at its best,” said Kenneth Christensen, President, Intermate A/S.
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