Acquisition to boost Kodak’s digital age

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Eastman Kodak is to boost its transition to a digital imaging business with the purchase of a unit from National Semiconductor Corporation.

Kodak will acquire certain assets, including intellectual property, from National’s imaging business. The assets will become part of Kodak’s imaging sensor solutions unit which makes image sensors for the professional and industrial markets.

The financial details of the transaction, which is expected to close in the next few weeks, were not disclosed.

Rochester (NY)