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Founded in 1986, LAC Group is a leader in delivering high-quality, cost-effective business services that help organizations manage and curate physical and digital information, data and content. LAC Group is consolidating its business units under one brand, LAC Group—said as L-A-C.These examples are from the Cambridge English Corpus and from sources on the web.Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.LAC Federal → LAC Federal Services Providing a full spectrum of archiving, knowledge and information management services to federal agencies, procured under GSA Schedule and other contracting vehicles, LAC Federal will become LAC Federal Services and will continue to operate from the Washington DC metropolitan area.
PRO-TEK will become LAC Content and Archive Services has its state-of-the-art facilities in southern California.
Streamlining operations will lead to greater efficiencies, stronger financial positioning, a cohesive voice in the market and new opportunities for employee teamwork and collaboration.
Leading the company will be CEO , who says: "We are excited about the opportunities that await us as one company.
The move comes as Kodak has been struggling to redefine itself in a digital age through major investments in digital products and Internet services.“As the picture industry embraces the digital age, Kodak’s new structure will help the company grab a bigger share of a market that is far larger than traditional photography,” said Chief Executive Daniel Carp.
The company also said it would step up its focus on new business activities aimed at generating sales from Kodak’s research labs and external venture capital investments.