HOLLYWOOD, Calif., Nov. 4 -- Eastman Kodak Co. announced it has completed the acquisition of Laser-Pacific Media Corp., a Hollywood-based post-production company. Laser-Pacific stockholders voted on Oct. 30 to approve the acquisition, which was previously announced on August 1. Kodak acquired the outstanding shares of Laser-Pacific at a price of $4.22 per share. The purchase price, totaling approximately $30.5 million, will be paid in cash. As of June 30, Laser-Pacific had $1.9 million in net debt. Laser-Pacific will operate as a wholly owned subsidiary of Kodak, and will become a part of the...Read full articleRelated content from Photonics MediaArticlesUltrafast Phenomenon Prompts Data Storage Efficiency HypothesisA recent discovery from the University of California, Davis (UC Davis), could enable faster and more efficient magnetic hard drives by using ultrafast laser pulses to process data. 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