HP to Buy Samsung's Printer Business for $1.05 Billion

By Jeffrey Burt  |  Posted 2016-09-12 Print this article Print

Samsung's printing business includes 6,000 employees as well as a production base in China and more than 50 sales offices worldwide. The deal is expected to close within a year, the officials said.

Among the new products unveiled by HP are 16 new PageWide and LaserJet printers as well as new security and efficiency features and cloud-based data analytics capabilities for predicting service and supply needs.

The new lineup of A3 MFPs include three PageWide systems and 13 LaserJet platforms, all of which will be available in 54 different models that include such options as in-case stapler stackers, hole punch, and high-capacity staple/stack and booklet makers. The PageWide systems come in Enterprise and Pro platforms that offer faster print speeds and lower power consumption than their predecessors, and will be available starting in the spring of 2017. The new LaserJet printers will become available at the same time.

HP officials also unveiled a set of cloud tools and sensing capabilities called Smart Device Services, which monitor and detect service needs to reduce downtime and costs. The capabilities include being able to anticipate when parts need servicing before they fail and eliminate the issue of replacing ink and toner before it's necessary.

In addition, the PageWide and LaserJet Enterprise systems will include embedded security features such as Sure Start, run-time intrusion detection and whitelisting. The PageWide Pro printers will include secure boot and firmware integrity checking.



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