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HP to acquire Samsung’s printer business for $1.05 billion

HP today announced that it will acquire Samsung’s printer business in a deal valued at $1.05 billion. “The proposed acquisition positions HP to disrupt the $55 billion copier industry, a segment that hasn’t innovated in decades.” said the company. Samsung said that it will spin off its Printing Business Unit into a separate company on November 1st, upon the approval … Continue reading "HP to acquire Samsung’s printer business for $1.05 billion"
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