HP is
buying Samsung's printer business for
.05 billion
HP is
buying Samsung Electronics Co.'s
printer business in a transaction worth
.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.*
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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.*
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