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HP To Buy Samsung's Printer Business For $1.05 Billion (usatoday.com)

HP has agreed to a deal with Samsung to acquire their printer business for $1.05 billion, a deal that will be the largest print acquisition in HP's history. USA Today reports: "The acquisition of Samsung's printer business allows us to deliver print innovation and create entirely new business opportunities with far better efficiency, security, and economics for customers," said HP president and CEO Dion Weisler in a statement. The Samsung deal would give HP access to 6,500 printing patents as well as 1,300 researchers and engineers "with advanced expertise in laser printer technology." While this deal is being negotiated, Samsung's mobile phone business has been navigating a recall of its Galaxy Note 7 smartphones over issues with batteries catching fire and exploding. One of the most recent accidents reported involved a six-year-old boy in New York, who was using the device when it "suddenly burst into flames."

3 of 111 comments (clear)

  1. Oh god dammit - there go some great printers by Sarusa · · Score: 3, Insightful

    Samsung laser printers are cheap and just work. The ones at work (and the ones I have at home) just WORK, the only time they don't work is when they're out of paper. You can always print to them, and it's reliable.

    On the other hand, the HP printers on the same work network are pieces of crap that get 'lost' all the time ('Printer is not online'), probably because of how terrible the HP drivers are. And those HP drivers nag you all the f@$ing time to install the rest of the HP bloatware.

    So now they're going to slap their shitty drivers on the Samsungs and they'll be completely terrible too, and cartridge prices will skyrocket. There's no upside on this for consumers.

  2. Huh? by Sir+Holo · · Score: 3, Insightful

    FTA: "The acquisition of Samsung's printer business allows us to deliver print innovation and create entirely new business opportunities with far better efficiency, security, and economics for customers," said HP president and CEO Dion Weisler in a statement.

    Huh? Can a Professor of English please parse that gobbeldey-gook sentence for me? Is it even a sentence?

  3. Re:Print Innovation by Ol+Olsoc · · Score: 3, Insightful

    Look, I just want the machine to put ink on paper. I don't want any innovation here, and certainly not from HP's driver team.

    Ain't that the truth! HP puts more crap in more places than anything else I've seen except maybe Office. and some of the old Norton's AV stuff.

    Nothing like a Revo uninstall to illustrate that.

    --
    The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.