Eastman Kodak Company (EK) has entered a North American service agreement with Huawei Symantec Technologies Co., Ltd., a provider of network security and storage appliance solutions.
As per the contract, Huawei Symantec solutions will enable KODAK Service and Support to provide professional, first-class service offerings to businesses. With the addition of the service offerings for North America, management would ensure continuous, local-time coverage for the company’s security and storage solutions.
Earlier, Kodak and Imagine Business Machines, LLC (IBML), a document imaging solutions entity based in Alabama, U.S.A., had signed an agreement to expand their global reseller and worldwide service relationships.
Under the new agreement, the reseller and service and support network will serve customers in Kodak’s Asia Pacific Region.
At the beginning of March, Kodak completed the acquisition of the relief plates business of Tokyo Ohka Kogyo Co., Ltd. The financial terms of the transaction were not disclosed.
Tokyo Ohka Kogyo’s relief plate business provides flexography, letter press, Braille, molding plate products and other products. According to the terms of the agreement, Tokyo Ohka Kogyo will transfer its manufacturing plant located in Yamanashi Prefecture to Eastman Kodak.
The relief plate business is now a part of Kodak’s Prepress Solutions business, as Yamanashi RPB Supply Company. Consequently, 100 employees of Tokyo Ohka Kogyo’s relief plates business joined Eastman Kodak.
Management expects that the acquisition will enable Kodak to serve its customers in the packaging industry and support Kodak to achieve its target of doubling revenues by 2012.
Based in New York, Eastman Kodak Company provides imaging technology products and services to the photographic and graphic communication markets across the globe.
Kodak operates in a highly competitive market, with intense competition in digital products, films and services. The company faces stiff competition from Canon Inc. (CAJ), Sony Corp. (SNE) and FUJIFILM Holdings Corp.
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