Industry News, Ink Manufacturers News, Mergers and Acquisitions, Printers News

HP Inc. to Acquire Samsung Electronics Co., Ltd.’s Printer Business

Accelerates disruption of $55 billion copier segment with acquisition.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

HP Inc. announced a definitive agreement to acquire Samsung Electronics Co., Ltd.’s printer business in a deal valued at $1.05 billion.   The acquisition positions HP to disrupt and reinvent the $55 billion copier industry, a segment that hasn’t innovated in decades. Copiers are outdated, complicated machines with dozens of replaceable parts requiring inefficient service and maintenance agreements. Customers are frequently frustrated with the number of visits needed to keep copier machines fun...

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