HP just made a rather large acquisition — the company announced that it is purchasing Samsung’s printer business for $1.05 billion. The agreement was presented at Samsung Electronics’ Board of Directors meeting in Seoul, South Korea.

Dion Weisler, president and CEO of HP, remarked, “When we became a separate company just 10 months ago,

Source: Hot Hardware – HP Wants To Disrupt Copier Industry With Billion Purchase Of Samsung Printer Division