Industry Headlines

Kodak Acquires OREX

June 1, 2005
/ Print / Reprints /
/ Text Size+

ROCHESTER, NY-Eastman Kodak Co. announces the completion of its acquisition of OREX Computed Radiography Inc., a provider of compact, computed radiography systems for nondestructive testing facilities and specialty medical markets.

Under the agreement, Kodak paid $51.3 million in cash. Kodak anticipates that OREX will add approximately $32 million to Kodak's revenue in 2005. Kodak estimates that the acquisition will be earnings neutral in 2005 and accretive thereafter. In 2004, OREX's revenue totaled approximately $28 million. The purchase helps Kodak round out its current computed radiography product line.

Headquartered in Yokneam, Israel, OREX Computed Radiography was founded in 1996 as Digident. With 84 employees worldwide, the company will remain in its principal Israel location as a wholly owned subsidiary of Kodak.

Did you enjoy this article? Click here to subscribe to Quality Magazine. 

You must login or register in order to post a comment.




 In honor of World Quality Month, we spoke to James Rooney, ASQ Past Chairman of the Board of Directors 2013, for his take on quality around the world.
For more information, read the ASQ Speaking of Quality column.
More Podcasts

Quality Magazine


2014 August

Check out the August 2014 edition of Quality Magazine for features!

Table Of Contents Subscribe

The Biggest Obstacle/Concern?

In the current economic and business climate, what is the biggest obstacle/concern to your job?
View Results Poll Archive

Clear Seas Research

qcast_ClearSeas_logo.gifWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.



facebook_40.png twitter_40px.png  youtube_40px.pnglinkedin_40px.png