【】

HP is buying Samsung Electronics Co.'s printer business in a transaction worth $1.05 billion.。

HP said Monday that it is the largest print acquisition in the company's history and will help it go from traditional copiers to multifunction printers.
 。

HP also said the deal will strengthen its position in laser printing, which it established with Canon. Samsung's printer business includes more than 6,500 printing patents.。

Mashable Light SpeedWant more out-of-this world tech, space and science stories?Mashable Light SpeedWant more out-of-this world tech, space and science stories?Sign up for Mashable's weekly Light Speed newsletter.。By signing up you agree to our Terms of Use and Privacy Policy. 。

Thanks for signing up! 。

SEE ALSO:Samsung's Galaxy Note7 debacle is a gift to Apple 。

The deal is expected to close within a year. 。

Last week Hewlett-Packard Enterprise Co. announced that it would spin off a big chunk of its business software line-up in an $8.8 billion deal with Micro Focus International PLC.
。

Last year CEO Meg Whitman split HP's operations focused on selling business technology products from its personal computer and printer operations. At its height, the combined HP generated more than $100 billion annual revenue.。

HP's stock fell nearly 3 percent in premarket trading. 。

HP's stock fell nearly 3 percent in premarket trading. 。TopicsHPSamsung。