Kodak To Buy Heidelberg's Digital Business

Kodak will purchase Heidelberg's 50 percent interest in NexPress Solutions L.L.C., a joint venture of the two, and the equity of Heidelberg Digital L.L.C., which made digital black-and-white printing systems. Heidelberg and Kodak created Nexpress Solutions in 1997 to develop a digital color printing press. Heidelberg acquired Kodak's black-and-white digital printing activities in 1999.