Kodak Polychrome acquires RealTimeImage web proofing solutions

Kodak Polychrome Graphics (KPG) and RealTimeImage, Inc. (RTI) have signed a Letter of Intent for KPG to acquire RealTimeImage’s Graphic Arts Division. With completion of the acquisition, the suite of RealTimeProof products for web-based, high-resolution collaborative proofing and approval management will become part of KPG’s portfolio of proofing solutions, and RealTimeImage will focus on its healthcare imaging operations.

‘Bringing together the RealTimeProof suite of solutions and the Kodak Polychrome Graphics Matchprint Virtual Proofing System, makes KPG the leader in monitor proofing,’ said Jeff Jacobson, chief executive officer, KPG. ‘Customers will have access to the industry’s most complete range of monitor proofing options, from soft proofing systems to remote proofing applications to color critical virtual proofing solutions.’ Jacobson added that RealTimeProof’s core imaging technologies may also further enhance KPG’s color imaging expertise for current and future Graphics products.

As contemplated by the Letter of Intent, RealTimeImage’s Graphic Arts employees, led by Yehuda Messinger (RTI’s Exec VP of Graphic Arts Division) and including R&D, sales and technical support staff, will become a part of KPG, continuing to provide service and support to the thousands of RealTimeProof customers and users around the world. KPG will acquire the five current RealTimeProof products: RealTimeProof ASP (Application Service Provider), RealTimeProof Express, RealTimeProof Private Label, RealTimeProof Partner, and RealTimeProof Classic (See addendum for product details).

The transaction is expected to close by the end of February. Acquisition terms will not be disclosed.