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CRN Exclusive: HP Printing President Lores On Closing The Samsung Acquisition, 'Disrupting' The Copier Industry And Getting 'More Aggressive' On Pricing

HP Imaging and Printing President Enrique Lores spoke with CRN about the completion of the $1.05 billion deal to buy Samsung's printer business, the A3 copier market share grab and the impact it will have on partner sales and margins.

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How does it feel now that this acquisition is completed and be moving forward with the strategy?

This is really a major milestone for all of us. We have actually been working on this for almost two years. One of the nice things is we are going to be completing the acquisition on the same day the company is becoming two years old. It is really a great way to show the type of things that by being an independent company we can do. We have said this many times: the Samsung acquisition is something that would have never happened in the previous company.

We are extremely excited and happy about having made it happen and the opportunities it opens for HP and our partners.

 
 
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