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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.
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HP to Buy Samsung's Printer Business for $1.05 Billion
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The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
Fascinating is a word I use for the unexpected.
-- Spock, "The Squire of Gothos", stardate 2124.5
(Score: 2) by driverless on Tuesday September 13 2016, @07:16AM
Actually, I didn't know Samsung even had printers.
They make fairly decent SOHO-grade lasers. Personally I prefer my Kyocera, slap a $20 third-party toner cartridge and some eBayed third-party RAM and whatever into the $50 ex-office-printer I got at a disposal sale and it's perfectly happy, unlike HP's "this genuine cartridge has been used for nearly a year, now disabling it in order to force you to buy a new one" crap.