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The World leader in printing HP, announced the completion of its acquisition of Samsung Electronic printer Business around $1.05 billion.


Hp Expands A3 multifunction printers portfolio
 
The World leader in printing HP, announced the completion of its acquisition of Samsung Electronic printer Business around $1.05 billion.
 
A3 is HP’s largest growth opportunity in printing Business. The HP’s portfolio with this combination expands and strengthens its leading A4 laser printing business.
Also Samsung brings compelling intellectual property of more than 6,500 print patents and a world –class workforce of nearly 1,300 researchers and engineers with expertise in laser technology. 

Dion Weisler, president and CEO of HP Inc. said,” As we ignite a renaissance on printing, we are thrilled to bring together the industry’s best and brightest talent”.
 
He added, “Together, we will build on more than 30 years of print leadership to accelerate our strategy, disrupt new market opportunities, and provide our customers and partners with unique and highly innovative print solutions.”   
 
Samsung, HP together offers the industry’ strongest portfolio. A3 multifunction printers deliver easy to understand with quality of printers with the high performance of copiers.
 
Customers will have choice over reliability and uptime, with lower cost of ownership and more affordable color. HP Connection Inspector, HP Sure Start, combined portfolio features unmatched security, making them the world’s most secure printers. 




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