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Does Hewlett-Packard intend to buy Kodak?

According to the source, citing industry news and rumors,
Hewlett-Packard (HP), the largest manufacturer of computers and printers,
considering buying Eastman Kodak, a major manufacturer of photographic products.

Combining these two giants could make Kodak the world’s most powerful company
in the world of photographic products, and HP, in turn, would strengthen its position
in the same market. Plus, HP wants to do more than just produce various goods,
but also provide services by developing various services.

Last year, HP’s CEO, Mark Hurd, focused on
acquisition of software development companies: acquired by Mercury Interactive for 4.5
billion. Doll., and later – Neoware from Pennsylvania, for 235 million. Doll. Now besides
of its core businesses (PCs and servers), HP has the ability to increase
profits from software and services, as well as the development of thin
customers (thanks to the purchase of Neoware). HP is currently “in the money” and
can afford to buy a monster like Kodak.
According to the Financial Times, HP’s market capitalization
is about 130 billion. Doll.

As for Kodak itself, now it is in pretty good shape and, in
thanks in large part to the efforts of Antonio Perez, a “veteran” of HP,
who joined Kodak in 2021 and took over as CEO two years later.

As it is “necessary” in such cases, the heads of both companies have official
they did not comment on the possible merger (purchase) and refrained from
answers that could help us understand – is this true or information about
the deal is out of touch with reality.

Source: Financial Times

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