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posted by cmn32480 on Monday September 12 2016, @03:19PM   Printer-friendly
from the do-they-come-with-sharks? dept.

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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  • (Score: 4, Funny) by TGV on Tuesday September 13 2016, @07:54AM

    by TGV (2838) on Tuesday September 13 2016, @07:54AM (#401183)

    And for a measly $3B more, you can also get the cartridge division.

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