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Short: Kodak to buy Wang's software business

Wang and Eastman Kodak have confirmed they are discussing a possible transaction involving Wang's software business. Wang and Kodak's Business Imaging System unit established a strategic alliance last year to develop and market a set of document imaging products. Both parties stressed that the talks are ongoing and declined to provide any more specific information. Wang makes software for workflow, image and document management, and network storage management.

Wang and Eastman Kodak have confirmed they are discussing a possible transaction involving Wang's software business. Wang and Kodak's Business Imaging System unit established a strategic alliance last year to develop and market a set of document imaging products. Both parties stressed that the talks are ongoing and declined to provide any more specific information. Wang makes software for workflow, image and document management, and network storage management.