HP completes Samsung printer business
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.