HP Agrees to Acquire Samsung Printer Business for $1.05 Billion - News Summed Up

HP Agrees to Acquire Samsung Printer Business for $1.05 Billion


HP Inc. agreed to buy Samsung Electronics Co.’s printer business for $1.05 billion, a deal designed to help the Silicon Valley company expand into high-volume devices that handle printing and copying for office work groups. The transaction, which is subject to regulatory approval, is expected to close within 12 months, the companies said Monday. After it is completed, Samsung has agreed to make an equity investment of $100 million...


Source: Wall Street Journal September 12, 2016 08:00 UTC



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