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HP buys Samsung's printer business
Publié: septembre 12, 2016, 3:55pm CEST par Mihăiță Bamburic
HP believes that the printer market still has lots of potential, as it just announced that it is buying Samsung's Printing Business Unit. The tech company says that its new acquisition will enable it to "disrupt and reinvent" the copier industry, a market evaluated at $55 billion that "hasn't innovated in decades". HP will pay $1.05 billion for the South Korean giant's printer business, with the acquisition expected to complete within a year. After the deal is finalized, Samsung will make an investment in HP, said to be between $100 million and $300 million. "When we became a separate company… [Continue Reading]