Beating Working from Home Fatigue in...
Being consigned to a home office or home working space each day can soon bring about working from home fatigue....
Being consigned to a home office or home working space each day can soon bring about working from home fatigue....
Leading desktop solutions company Kensington have received honours for two products from their Kensington Ergonomic Accessories range at CES 2021....
It’s been a strange year but there’s still been some major news to come out of the office products sector...
With the dark nights beginning to close in as we approach Christmas, the winter months beyond can prove dangerous. Here’s...
This year, corporate events for Christmas won’t be possible in most parts of the country due to the Coronavirus pandemic....
In a recent announcement, printing and digital document solutions giant Xerox revealed some new production printer innovations to be launched...
Leading UK & Ireland business supplies wholesaler VOW Wholesale have announced that they will be extending their operational and trading...
Having plants in the home office doesn’t just bring some fresh decoration to your environment – it can help provide...
The clocks go back this weekend – but how did this tradition start and could we soon be seeing it...
With so many of us now working from our homes, it’s not unlikely that your surroundings may be starting to...
Leading coffee producer Nestlé has announced plans to ensure their Nespresso Coffee brand becomes fully carbon neutral by 2022. Nestlé’s...
The consumer goods giant Unilever has unveiled plans for a new forward strategy to eliminate oil-based ingredients that contribute to...
The big news this week is that printing giant HP Inc has agreed to buy the printer business from Samsung for $1.05 billion, with the aim to “disrupt and reinvent” the industry it estimates is worth $55 billion. This lucrative deal will see HP Inc receiving over 6,500 patents from Samsung, helping to expand their printing business into newer areas.
As well as this, HP Inc will also gain a talented workforce from Samsung that includes almost 1,300 researchers and engineers with expertise in a range of print related areas that will help HP to innovate further. This acquisition of the South Korea based Samsung’s printer business will also help to increase the presence of HP Inc in South Asia, furthering opening, or increasing, their accessibility in the world.
“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 Dion Weisler, the president and CEO of HP.
The acquisition is subject to regulatory review but is expected to close within 12 months. After the closing of the acquisition, Samsung has agreed that it will purchase between $100 million to $300 million in HP shares through open market purchases.
This acquisition is also going to be HP’s largest since it split from Hewlett Packard Enterprise almost a year ago. The HP Inc company focuses on selling personal computers and supplies ink and toner to its printers. The Hewlett Packard Enterprise Company in comparison focuses on enterprise, services, software and financial services.