Digital press manufacturer HP gets a stronger foothold in Asia with the $1.05 billion acquisition of Samsung Electronics' printer business.
The deal - which is expected to take a year to finalise - will see HP take on the business unit's 6000 employees and gain laser printing technology and around 6500 patents.
HP president of imaging and printing Enrique Lores said about a third of the 6000 staff are research and development engineers and another 1000 work in sales and support.