I've heard about it, but like ChrisFL says, it is likely they are only taking over the downstairs Imageworks area, where Kodak had all the picture stuff. It makes sense - Colorvision makes thinkgs like picture booths, greenscreen photography where you can be inserted into a scene, etc.
I don't believe they were the much-hoped-for "white knight" sponsor that would bring back they heydays of Dreamfinder...