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HP completes Samsung printer business

  • 2 Feb 2018
  • Category: News

Accelerates Disruption of $55B Copier Market with Superior and Secure Multifunction Printers
Palo Alto, Calif., November 1, 2017— HP Inc. (NYSE: HPQ), the world leader in printing,
today announced the completion of its acquisition of Samsung Electronics Co., Ltd.’s
printer business in a deal valued at $1.05 billion.

A3 represents HP’s largest growth opportunity in business printing.
The combination with Samsung expands HP’s portfolio, accelerates its ability to disrupt the $55B
A3 copier segment with superior multifunction printing technology,
and strengthens its leading A4 laser printing business.

Samsung also brings compelling intellectual property of more than 6,500 print patents
and a world-class workforce of nearly 1,300 researchers and engineers
with expertise in laser technology, imaging electronics and supplies and accessories.

* http://www8.hp.com/us/en/hp-news/press-release.html?id=2528332#.Wmmgo6hl_IU


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