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09-12-2016, 05:40 PM
HP is buying Samsung's printer business for $1.05 billion
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HP is buying Samsung Electronics Co.'s printer business in a transaction worth $1.05 billion.*
HP said Monday that it is the largest print acquisition in the company's history and will help it go from traditional copiers to multifunction printers.*
HP also said the deal will strengthen its position in laser printing, which it established with Ca**n. Samsung's printer business includes more than 6,500 printing patents.*
SEE ALSO: Samsung's Galaxy **te7 debacle is a gift to Apple (http://mashable.com/2016/09/02/samsung-galaxy-**te7-recall-analysis/)
The deal is expected to close within a year.*
Last week Hewlett-Packard Enterprise Co. an**unced that it would spin off a big chunk of its business software line-up in an $8.8 billion deal with Micro Focus International PLC.* Read more... (http://mashable.com/2016/09/12/hp-buys-samsung-printer-business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about Acquisition (http://mashable.com/category/acquisition/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Printer (http://mashable.com/category/printer/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Samsung (http://mashable.com/category/samsung/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Hp (http://mashable.com/category/hp/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/R28CL7PNpFc
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HP is buying Samsung Electronics Co.'s printer business in a transaction worth $1.05 billion.*
HP said Monday that it is the largest print acquisition in the company's history and will help it go from traditional copiers to multifunction printers.*
HP also said the deal will strengthen its position in laser printing, which it established with Ca**n. Samsung's printer business includes more than 6,500 printing patents.*
SEE ALSO: Samsung's Galaxy **te7 debacle is a gift to Apple (http://mashable.com/2016/09/02/samsung-galaxy-**te7-recall-analysis/)
The deal is expected to close within a year.*
Last week Hewlett-Packard Enterprise Co. an**unced that it would spin off a big chunk of its business software line-up in an $8.8 billion deal with Micro Focus International PLC.* Read more... (http://mashable.com/2016/09/12/hp-buys-samsung-printer-business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about Acquisition (http://mashable.com/category/acquisition/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Printer (http://mashable.com/category/printer/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Samsung (http://mashable.com/category/samsung/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Hp (http://mashable.com/category/hp/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/R28CL7PNpFc