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The Top 10 HP Inc. Stories of The Year

In its first year as an independent company, HP Inc. made headlines with innovative new printers and mobile devices while also stepping up its channel efforts. Here are the 10 biggest HP Inc. stories of 2016.

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1. HP Buys Samsung's Printer Business In Bid To Break Open A3 Market

HP Inc. saved its biggest blockbuster of the year for its Partner Conference in September announcing a deal to buy rival Samsung's Electronics' printer business in a $1.05 billion cash deal.

"When we commit to market disruption and leadership, we deliver," HP Inc. CEO Dion Weisler told partners, hours after announcing the deal. "It's the single largest transaction in print in HP's history. It strengthens our core. It accelerates our growth and it advances our future."

The acquisition provides more R&D muscle and intellectual property for HP Inc.'s all out charge to tear apart the copier market with a new A3 printer portfolio that promises 40 percent lower costs for color and a market-shattering lower cost of service.

HP made a conscious decision to announce the Samsung printer business acquisition and its new A3 portfolio at the partner conference surrounded by the extended HP partner family that has supported the company for many years, said Weisler.

"This isn't just our acquisition, it is your acquisition because it is an investment in all of you," said Weisler, drawing thunderous applause from partners at the Boston Convention Center. "Our job is to provide you with the arsenal to be able to go out into the marketplace and win with confidence."

 
 
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