Wednesday, April 04, 2007

Barron's on Kodak-Omnivision Speculations

Barron's: OmniVision shares have been creeping higher on revived rumors that the company might be an acquisition target for Kodak. But Jefferies & Co.’s Adam Benjamin writes that the “chatter is likely misplaced,” since Kodak already has a portfolio of CMOS sensors and manufacturing. He adds that buying OVTI for any other buyer “will be very challenging due to OVTI’s deteriorating margins and slow topline growth.”

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