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HP Inc. Is All Set To Acquire Samsung Electronics

hp-acquisition-targets-sdnThe HP Inc. has made its official announcement on Monday stating that it’s on the verge to buy the printer business of Samsung Electronics. The deal was valued at 1.05 billion dollars. The HP group commented more on the acquisition by affirming that the deal would reinvent the copier industry worth 55 billion dollars. This merger would also allow the HP team to substitute all the copy machines used for official purposes with multifunctional printers. The replacement would avail more business prospects for the HP. The company also spoke about the need for innovation in the electronics sector to enhance various other business partnerships.

The copiers are most often described as complicated machines with old parts. They have been connected to inefficient service and rigid maintenance protocols. It is time to upgrade the copiers to be more efficient. The transaction between HP and Samsung would establish the upright position of laser printing at a global level. The deal can also bring out a long-term business partnership with Canon. Merging with the printer business of Samsung is an ideal choice for HP because the Samsung group holds 6500 printing patents. The workforce of the Samsung Electronics is huge with a total of 6000 members of which 1300 are engineers and potential researchers.

The revenue of the Samsung’s printing unit during the year 2015 was a solid 1.8 billion dollars. As the HP group was fragmented into two parts, it has brought about diversity in the business. The HP enterprise solutions emphasize on retailing hardware to corporates. The other group deals with printers and personal computers. The HP team’s decision to buy Samsung is expected to bring out print innovation. The company is hoping for better efficiency in their customer services. However, the transaction is awaiting a regulatory approval soon. The President of the HP group, Dion Weisler, has expressed happiness over the deal.

Read Also: The Marriage Between Ryan Gosling And Eva Mendes Is Officially Declared

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The Marriage Between Ryan Gosling And Eva Mendes Is Officially Declared

600x600It’s a shocking news for all the girls out there. The happening actor of La La Land, Ryan Gosling ties the nuptial knot with his lady love Eva Mendes. They have been in a relationship for more than five years. Their marriage was a hush-hush affair. It included a relatively small gathering of close friends and relatives. The sources from Mendes side reveal that the duo has always portrayed the essence of a married couple. They have starred together in the drama titled The Place Beyond the Pines. Right from the year 2012, they fell in love. They are a beautiful family with two wonderful children.

Gosling, at the International Film Festival held at Toronto, gushed at his daughter’s Esmeralda, two years old and Amanda, who is four months old. He expressed his happiness towards his family. Gosling exhibits his excellent parenting skills. He accompanies his daughter to the park and writes her name on the board with chalk. There was another kid who consistently erased Esmeralda’s name and wrote a new name over it. However, Gosling’s daughter did not pay a heed to this matter. But Gosling insisted that they must retaliate since it signifies a disrespect to her mother who has given the name. Gosling has always been a good father to his children.