Nigeria: HP Concludes Deal to Buy Samsung Printer Business for U.S.$1.5 Billion

13 September 2016

Few months into splitting Hewlett Packard (HP) company into two divisions, HP Incorporated and HP Enterprise, the company monday, closed a deal to buy the printing business of Samsung Electronics for $1.5 billion (N510 billion).

Around 6,000 Samsung employees will join HP, including about 1,500 engineers, following the acquisition.

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