Jan 13, 2009 16:30 ET
Kodak Announces Agreement to Acquire Scanner Division of BÖWE BELL + HOWELL
ROCHESTER, N.Y. & WHEELING, Ill. --(Business Wire)-- Jan 13, 2009
Eastman Kodak Company and BÖWE BELL + HOWELL announced Kodak’s agreement
to acquire the scanner division of BÖWE BELL + HOWELL. The scanner
division is a leading supplier of production document scanners to value
added resellers, systems integrators, and end users. Based in the
greater Chicago area, the scanner division is a worldwide business with
locations in North America, Europe and Asia.
BÖWE BELL + HOWELL’s portfolio of document scanners consists of
complementary products in respect to Kodak Business Solutions &
Services’ document imaging product range.
“Kodak is a leader in document imaging and we are committed to investing
in and growing our capabilities to better serve customers,” said Philip
J. Faraci, President and Chief Operating Officer, Eastman Kodak Company.
“We expect this acquisition, when completed, will enable us to expand
customer value by providing a wider choice of production scanners,
greater technological innovation to help us bring new, exciting products
to market faster, and will enhance global access to service and support
for channel partners and end user customers worldwide.”
BÖWE BELL + HOWELL document scanners, used by general office,
healthcare, financial services, insurance, government, legal and service
bureau markets, include:
-
Spectrum XF Scanners that feature BÖWE BELL + HOWELL proprietary
camera technology and high scanning speed for reliable, cost-effective
document capture in color, grayscale and black-and-white
-
Tr per Scanners that offer high scanning speed and high daily
throughput in a compact design
-
Wide format Infinity WF Scanners that capture oversized documents,
such as maps and blueprints, up to 48 inches in width
-
Sidekick Scanners that provide professional level document capture for
small offices
“BÖWE BELL + HOWELL enjoys a well-established and highly regarded track
record of developing quality products and delivering them to thousands
of end-users around the world through a broad, committed channel of
value-added distributors and resellers,” said Marvin Isles, Chief
Executive Officer, BÖWE BELL + HOWELL. “Importantly, our products are
well-known to Kodak; the company has provided field service to BÖWE BELL
+ HOWELL scanners since 2001. We believe our two great product lines
supported by a strong channel and reliable service will serve our
customers well.”
“We look forward to having the scanner division of BÖWE BELL + HOWELL
join Kodak’s exciting and fast paced enterprise management business and
to help us achieve our aggressive goals for future growth,” said Dolores
K. Kruchten, General Manager, Business Solutions and Services and Vice
President, Eastman Kodak Company.
The parties anticipate this transaction will be completed by the end of
the first quarter of 2009. Terms of the transaction were not disclosed.
KODAK Products are backed by KODAK Service and Support. KODAK Service
and Support is made up of more than 3,000 professionals reaching more
than 120 countries. It is a leading multi-vendor integrated services
provider, delivering consulting, installation, maintenance and support
services for the commercial printing, graphic communications, document
imaging and data storage industries. KODAK Service and Support
professionals are uniquely qualified to provide services that control
costs, maximize productivity, and minimize business risk.
About Kodak
As the world's foremost imaging innovator, Kodak helps consumers,
businesses, and creative professionals unleash the power of pictures and
printing to enrich their lives.
To learn more, visit http://www.kodak.com
and follow our blogs and more at http://www.kodak.com/go/followus.
More than 70 million people worldwide manage, share and create photo
gifts online at KODAK Gallery --join for free today at www.kodakgallery.com.
About BÖWE BELL + HOWELL Scanners
BÖWE BELL + HOWELL Scanners is always adding value to its full line of
fast and dependable scanners to help organizations easily and
cost-effectively transform documents into flawless digital images. BBH
constantly innovates to meet customers' imaging needs with its Spectrum
XF Series, Tr per Series, Sidekick Series and wide-format Infinity WF.
Based in the Chicago area, BÖWE BELL + HOWELL Scanners has an
international presence selling scanners through a worldwide channel of
distributors and value-added resellers. The company is a business unit
of BÖWE BELL + HOWELL.
For more information on BÖWE BELL + HOWELL Scanners, please visit www.bbhscanners.com
About BÖWE BELL + HOWELL
Headquartered in Wheeling, Ill., BÖWE BELL + HOWELL, a company with more
than 70 years of industry experience, is a leading provider of
high-performance document management solutions and services. The
company's portfolio of inserting, sorting, plastic card, integrity,
cutting, packaging, print-on-demand and software solutions is the most
comprehensive product offering for paper-based and digital mail
communications. These solutions are supported by one of the largest
dedicated service organizations in the industry.
For further information on BÖWE BELL + HOWELL, please visit www.bowebellhowell.com.
(Kodak is a trademark of Eastman Kodak Company.)
(BÖWE BELL + HOWELL and the Böwe Bell + Howell logo are trademarks or
registered trademarks of BBH, Inc.)
2009
Media:
Kodak
Christopher
Veronda, +1 585-724-2622
christopher.veronda@kodak.com
or
Trade
Media:
Kodak
Beth Hogan Scott, + 1 203-845-7115
Elizabeth.HoganScott@kodak.com
or
Jack
Kasperski, +1 585-724-5130
Jack.Kasperski@kodak.com
or
BÖWE
BELL + HOWELL Scanners
Jackie Horn, +1 847-423-3024
jackie.horn@bowebellhowell.com
or
The
Reynolds Communications Group
Mack Reynolds, +1 312-541-9300 (ex.
105)
mreynolds@reynoldsgroup.com