{"id":760842,"date":"2023-05-30T17:07:29","date_gmt":"2023-05-30T21:07:29","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/kodak-strengthens-its-inkjet-capabilities-with-acquisition-of-graphic-systems-services-inc\/"},"modified":"2023-05-30T17:07:29","modified_gmt":"2023-05-30T21:07:29","slug":"kodak-strengthens-its-inkjet-capabilities-with-acquisition-of-graphic-systems-services-inc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kodak-strengthens-its-inkjet-capabilities-with-acquisition-of-graphic-systems-services-inc\/","title":{"rendered":"Kodak Strengthens its Inkjet Capabilities with Acquisition of Graphic Systems Services Inc."},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Kodak Strengthens its Inkjet Capabilities with Acquisition of <\/b><b>Graphic Systems Services Inc.<\/b><\/p>\n<p><b>The transaction improves Kodak\u2019s ability to reliably develop and deliver leading-edge inkjet solutions<\/b><\/p>\n<p>ROCHESTER, N.Y.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nKodak today announced it has acquired Graphic Systems Services Inc. (GSS), a leading provider of web inkjet press transport systems and other print-related components and engineering services. The acquisition reflects Kodak\u2019s ongoing investment in digital print technology, giving the company greater control over its supply chain for inkjet press components and additional engineering expertise as it seeks to expand its growing portfolio of inkjet presses.<\/p>\n<p>\nKodak recently showcased its new KODAK PROSPER ULTRA 520 Press at the Hunkeler Innovationdays print industry event. Powered by Kodak\u2019s proprietary ULTRASTREAM continuous inkjet writing system, the PROSPER ULTRA 520 Press rivals offset by providing breakthrough image quality (comparable to 200 lpi offset) at production speeds (152 mpm).<\/p>\n<p>\nGSS is a longtime Kodak vendor, providing leading-edge transport systems for the KODAK PROSPER Press line, including the KODAK PROSPER ULTRA 520 Press and KODAK PROSPER 7000 Turbo Press. GSS is located in Springboro, Ohio, near Kodak\u2019s inkjet design and manufacturing hub in Dayton, Ohio.<\/p>\n<p>\n\u201cHaving an in-house source of transport systems and additional expertise from an industry leader like GSS will immediately make our inkjet business stronger and more sustainable,\u201d said Jim Continenza, Kodak\u2019s Executive Chairman and CEO. \u201cAs business conditions continue to be challenging, now is the time to control our own destiny and mitigate supply chain risks to ensure reliable delivery of presses to our customers. Looking forward, our ability to leverage GSS\u2019s skills and resources will be extremely valuable as we continue to focus on expanding our inkjet portfolio and providing completely integrated inkjet solutions.\u201d<\/p>\n<p>\n\u201cOver our 20 years of working together, we have developed a very close working relationship with Kodak,\u201d said Dan Green, President and CEO of GSS. \u201cOur employees are enthusiastic about Kodak\u2019s decision to acquire GSS. Our portfolio of inkjet transport systems and other components, along with our manufacturing expertise and engineering consulting services, will help Kodak further strengthen their position as a leader in inkjet technology.\u201d<\/p>\n<p><b>About Kodak<\/b><\/p>\n<p>\nKodak (NYSE: KODK) is a leading global manufacturer focused on commercial print and advanced materials &amp; chemicals. With 79,000 worldwide patents earned over 130 years of R&amp;D, we believe in the power of technology and science to enhance what the world sees and creates. Our innovative, award-winning products, combined with our customer-first approach, make us the partner of choice for commercial printers worldwide. Kodak is committed to environmental stewardship, including industry leadership in developing sustainable solutions for print. For additional information on Kodak, visit us at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.kodak.com%2F&amp;esheet=53409548&amp;newsitemid=20230530005566&amp;lan=en-US&amp;anchor=kodak.com&amp;index=1&amp;md5=bf8810a08eca692898e3ddae00881a67\">kodak.com<\/a>, or follow us on Twitter <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2Fkodak&amp;esheet=53409548&amp;newsitemid=20230530005566&amp;lan=en-US&amp;anchor=%40Kodak&amp;index=2&amp;md5=90f15678a19eae964d94587736d1e283\">@Kodak<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Feastman-kodak%2F&amp;esheet=53409548&amp;newsitemid=20230530005566&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=3&amp;md5=34a0ef6bbc366cbb48ff7e0a5d43be21\">LinkedIn<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230530005566r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230530005566\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230530005566\/en\/<\/a><\/span><\/p>\n<p><b>Media:<br \/>\n<\/b><br \/>Kurt Jaeckel, Kodak, +1 585-490-8646, <a rel=\"nofollow\" href=\"mailto:kurt.jaeckel@kodak.com\">kurt.jaeckel@kodak.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Consumer Electronics Technology Photography Audio\/Video Software Hardware<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230530005566\/en\/553811\/3\/2016_KODAK_SPONSOR_Logo_EKY_161020.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Kodak Strengthens its Inkjet Capabilities with Acquisition of Graphic Systems Services Inc. The transaction improves Kodak\u2019s ability to reliably develop and deliver leading-edge inkjet solutions ROCHESTER, N.Y.&#8211;(BUSINESS WIRE)&#8211; Kodak today announced it has acquired Graphic Systems Services Inc. (GSS), a leading provider of web inkjet press transport systems and other print-related components and engineering services. The acquisition reflects Kodak\u2019s ongoing investment in digital print technology, giving the company greater control over its supply chain for inkjet press components and additional engineering expertise as it seeks to expand its growing portfolio of inkjet presses. Kodak recently showcased its new KODAK PROSPER ULTRA 520 Press at the Hunkeler Innovationdays print industry event. Powered by Kodak\u2019s proprietary ULTRASTREAM continuous inkjet writing system, the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kodak-strengthens-its-inkjet-capabilities-with-acquisition-of-graphic-systems-services-inc\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Kodak Strengthens its Inkjet Capabilities with Acquisition of Graphic Systems Services Inc.&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-760842","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Kodak Strengthens its Inkjet Capabilities with Acquisition of Graphic Systems Services Inc. - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kodak-strengthens-its-inkjet-capabilities-with-acquisition-of-graphic-systems-services-inc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kodak Strengthens its Inkjet Capabilities with Acquisition of Graphic Systems Services Inc. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Kodak Strengthens its Inkjet Capabilities with Acquisition of Graphic Systems Services Inc. The transaction improves Kodak\u2019s ability to reliably develop and deliver leading-edge inkjet solutions ROCHESTER, N.Y.&#8211;(BUSINESS WIRE)&#8211; Kodak today announced it has acquired Graphic Systems Services Inc. (GSS), a leading provider of web inkjet press transport systems and other print-related components and engineering services. The acquisition reflects Kodak\u2019s ongoing investment in digital print technology, giving the company greater control over its supply chain for inkjet press components and additional engineering expertise as it seeks to expand its growing portfolio of inkjet presses. Kodak recently showcased its new KODAK PROSPER ULTRA 520 Press at the Hunkeler Innovationdays print industry event. 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The transaction improves Kodak\u2019s ability to reliably develop and deliver leading-edge inkjet solutions ROCHESTER, N.Y.&#8211;(BUSINESS WIRE)&#8211; Kodak today announced it has acquired Graphic Systems Services Inc. (GSS), a leading provider of web inkjet press transport systems and other print-related components and engineering services. The acquisition reflects Kodak\u2019s ongoing investment in digital print technology, giving the company greater control over its supply chain for inkjet press components and additional engineering expertise as it seeks to expand its growing portfolio of inkjet presses. Kodak recently showcased its new KODAK PROSPER ULTRA 520 Press at the Hunkeler Innovationdays print industry event. 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