Get ready for innovation in printing:
HP said the acquisition would help it to "disrupt and reinvent" the $55bn copier industry, a segment that "hasn't innovated in decades". It is buying a big printing presence in Asia, as well as Samsung's laser printing technology and patents. The deal comes days after HP's sister company sold its software business to rising UK tech champion Micro Focus.
[...] Samsung's printer business made $1.4bn in revenue last year and includes more than 6,500 printing patents as well as nearly 1,300 staff with expertise in laser printer technology. Meanwhile, shares in Samsung fell 9% after it urged customers to hand in Galaxy Note 7 phones as they risk exploding.
Also at TechCrunch and Bloomberg.
(Score: 2) by turgid on Monday September 12 2016, @03:38PM
Ha ha. Just after Xerox sent me to HCL, Ursula said that printing was the past. Customers were increasingly looking for ways to avoid printing because it was expensive and bad for the environment. Xerox follows HP usually a year or two later... This should be fun.
I refuse to engage in a battle of wits with an unarmed opponent [wikipedia.org].