Kodak Snags Online Photo Service

Published: 4 May 2001 y., Friday
Eastman Kodak Co. Monday moved to expand its online photo offerings with a definitive agreement to acquire Emeryville, Calif.-based Ofoto Inc., which will serve as a connection between Kodak's film scanning and uploading services and the output capabilities of its Qualex Inc. subsidiary. The acquisition is intended to help Kodak create a "complete online photography experience," which ranges from capture devices and film scanning and storage infrastructure to online services and output media. Ofoto, with 1.2 million registered users, offers digital processing of digital images and traditional film, prints, private online image storage, sharing, editing and creative tools, frames, cards and other merchandise. Kodak said the firm will operate as a wholly owned subsidiary and will be led by its existing management team, which will report to Willy Shih, president of Kodak's Digital and Applied Imaging unit. Kodak already operates a portfolio of Web offerings, including kodak.com, Kodak PhotoNet Online, the Kodak Picture Center online at CVS.com, and the Kodak-sponsored "You've Got Pictures" service on America Online. The company said that Ofoto, together with its PictureVision subsidiary and kodak.com, will serve as the cornerstone of its Internet imaging infrastructure and service offerings. The company said it will drive market growth by integrating Ofoto's Web site, infrastructure, e-commerce capabilities and digital printing expertise with its film-scanning infrastructure and network services and Qualex's output capabilities.
Šaltinis: internetnews.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

EP budget: tackling Lisbon challenges and preparing for enlargement

The European Parliament's proposal for its own operational budget for 2011 includes the financing of measures in preparation for enlargement with Croatia. more »

MEPs call for closer ties between universities and industry

Links between business and the academic world need to be strengthened but higher education institutions must retain their autonomy and public support, says a resolution adopted on Thursday by the European Parliament. more »

Elena Salgado presents the Spanish plan to save 15 billion euros at the Eurogroup and ECOFIN meetings

The Spanish Minister of Economy and Finance, Elena Salgado, will present the additional fiscal tightening measures set out by the Spanish Government to her eurozone (Eurogroup) counterparts on Monday; the measures were required by Spain’s European partners as a condition of approving the plan to bolster the euro on 9 May. more »

Commission opens in-depth inquiry into €20 million capital injections into Elan of Slovenia

The European Commission has opened an in-depth investigation under EU State aid rules into capital injections destined to two subsidiaries of state owned company Elan Skupina in Slovenia. more »

European economy making tentative recovery

GDP growth in the EU expected to gradually pick up, though recovery less robust than past upturns. more »

EESC for comprehensive financial regulation

The EESC tabled its opinion on the regulation of alternative investment funds, such as hedge funds and private funds. Although endorsing the much debated proposal of the European Commission, the EESC calls for uniform risk data provision for all such funds and emphasizes their responsibility in triggering the crisis. more »

The Eurogroup leaders conclude the Greek aid process and examine the progress of the crisis

Concluding the process and deciding on the schedule for releasing the funds agreed on for Greece, as well as examining and learning lessons from the crisis for the governance of the eurozone, will be the focus of the discussions of the heads of state and government at the meeting in Brussels this Friday. more »

Shanghai 2010 - a first for the EU

The EU pavilion at the world expo in Shanghai marks the first time the EU has presented itself to a large Chinese audience. more »

Shanghai World Expo wows the crowds

Shanghai's World Expo offers visitors plenty of fun offering bizarre things to do at over 200 pavillions competing for attention. more »

EIB supports upgrade and extension of electricity transmission network in Hungary with EUR 150 million

The European Investment Bank (EIB) is providing a loan of EUR 150 million to MVM Zrt. for the capacity increase and the extension of a high-voltage transmission network, partly constituting priority axes of the Trans-European Energy Network (TEN-E) in Hungary. more »