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HP Buying Samsung Electronics' Printer Business For $1.05B

AppleMagazine

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September 16,2016

HP is buying Samsung Electronics Co.’s printer business in a transaction worth $1.05 billion.

HP Buying Samsung Electronics' Printer Business For $1.05B

HP Inc. said Monday that it is the largest print acquisition in the company’s history and will help it go from traditional copiers to multifunction printers. HP also said the deal will strengthen its position in laser printing, which it established with Canon.

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