XML 54 R29.htm IDEA: XBRL DOCUMENT v2.4.0.6
ACQUISITIONS
12 Months Ended
Dec. 31, 2011
ACQUISITIONS [Abstract]  
ACQUISITIONS
NOTE 22:  ACQUISITIONS

2011

On March 1, 2011, the Company completed the acquisition of substantially all of the assets of the relief plates business of Tokyo Ohka Kogyo Co., Ltd. for a purchase price of approximately $27 million, net of cash acquired.  The acquisition expands and enhances the Company's capabilities to serve customers, particularly in the packaging industry.  The acquired relief plates business is part of the Company's Prepress Solutions group within the GCG segment.  This acquisition was immaterial to the Company's financial position as of December 31, 2011, and its results of operations and cash flows for the year ended December 31, 2011.

The Company's estimated fair value of the assets acquired and liabilities assumed at the date of acquisition exceeded the purchase price by $5 million.  This amount was recorded as a gain from a bargain purchase within Other income (charges), net in the Consolidated Statement of Operations for the year ended December 31, 2011.
 
2010

There were no significant acquisitions in 2010.

2009

In the third quarter of 2009, the Company acquired the scanner division of BÖWE BELL + HOWELL, which markets a portfolio of production document scanners that complements the products currently offered within the GCG segment.  Through this acquisition, Kodak expects to expand customer value by providing a wider choice of production scanners.  Since Kodak has provided field service to BÖWE BELL + HOWELL scanners since 2001, this acquisition is also expected to enhance global access to service and support for channel partners and end-user customers worldwide.  This acquisition was immaterial to the Company's financial position as of December 31, 2009, and its results of operations and cash flows for the year ended December 31, 2009.