Don Clark and Eun-Young Jeong, reporting for the WSJ:
HP Inc. agreed to buy Samsung Electronics Co.’s printer business
for $1.05 billion, a deal designed to bolster the Silicon Valley
company’s offerings in the market for high-volume devices that
handle printing and copying for office work groups.
I had no idea Samsung had a printer division worth $1 billion.
Update: HP’s visionary leadership in this acquisition brings to mind this gem from The Onion back in 2011: “New Apple CEO Tim Cook: ‘I’m Thinking Printers’”.
★ Monday, 12 September 2016