HP Inc. to Buy Samsung’s Printing Business For Over a Billion Dollars

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HP Inc. to Buy Samsung’s Printing Business For Over a Billion Dollars

HP has just announced the acquisition of  Samsung’s printing business for $1.05 billion. HP will inherit 6,000 Samsung employees once the deal is finalised.

The move will see HP increase its presence in Asia as well as 6,500 printing technology patents owned by Samsung.

Source: http://fortune.com/2016/09/12/hp-inc-to-buy-samsungs-printing-business-for-over-a-billion-dollars/