Posts tagged: UltraStream

Kodak Decides to Keep Enterprise Inkjet

Jim Hamilton
 Apr 7, 2017

After more than a year of public statements that Kodak’s Enterprise Inkjet division was for sale, the company has decided to keep it. According to the press release there was “strong interest” and they had “multiple offers” but Kodak concluded that these “did not reflect the value of the business.” And so they will keep it and reclassify it under continuing operations (it had been switched to “discontinued”). Randy Vandagriff has been named the new President of the Enterprise Inkjet Division. Phil Cullimore, the previous division head, is leaving Kodak.

Kodak Prosper logo

Last May in the months after Kodak’s decision to sell the division I wrote:

Kodak Chief Executive Officer Jeffrey Clarke suggested that a company with a larger sales and distribution footprint in digital printing markets would be better suited to help Prosper achieve its economic potential.

Now the decision is being positioned as a “pragmatic decision” based on improvements in the business (balanced with the scale of the offers received). In other words, no one came up with a good enough offer. Clarke said that the Prosper group performed well in 2016 with a 40% increase in annuity sales and that expectations were high for this year. He’s also optimistic about the division’s next-generation UltraStream technology, which he expects will go to market in 2019. In related UltraStream news Kodak said that it will begin delivering evaluation kits to a total of 17 companies, including Fuji Kikai, GOSS China, Matti, Mitsubishi Heavy Industries Printing & Packaging Machinery, and Uteco. The companies will use the kit to explore the integration of the technology into future printing solutions.

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The Future of Kodak Prosper: drupa, UltraStream, and New Ownership

Jim Hamilton
 May 19, 2016

In April, Kodak held an inkjet-focused briefing in Dayton, Ohio to update industry analysts on their current status, new developments, and drupa 2016 plans. The event provided an excellent opportunity to get an up-close look at Kodak’s inkjet offerings, including some technology demonstrations that will be highlighted at drupa 2016 (May 31st to June 10th in Dusseldorf, Germany).

It’s an important time for Kodak’s Dayton-based Enterprise Inkjet Systems Division. drupa 2016 is fast approaching, and the division has big plans there. The next generation of Stream head technology (UltraStream) will also be on display as a technology demonstration. Perhaps most importantly, Kodak’s board has announced that the Enterprise Inkjet business, including the Prosper Press Platform, the S Series Imprinting Systems, and related products are for sale.

Samples 400

Kodak, with a sizeable booth in Hall 5, will be the fifth largest exhibitor at drupa. From an inkjet perspective, Kodak plans to showcase Read more »

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