The Scitex Vision businesses acquired are principally located in the United States, Belgium, China, Israel, Mexico and South Africa, and are being integrated into HP’s Imaging and Printing Group and reporting to the HP inkjet group in Barcelona, Spain.
This strengthens HP’s position as a one-stop partner for providers of print services with a product portfolio of large-format printers, digital presses and now industrial wide-format printers, providing a significant competitive advantage.
“This purchase accelerates HP’s push into one of the most significant and fastest growing market opportunities: to digitize analog prints and gain market leadership in the graphics industry,” said Enrique Lores, vice president and general manager, Large Format Printing, Imaging and Printing Group, HP. “Customers soon will start to see the benefits of access to a much wider range of products and services while continuing to enjoy the same high levels of service.”
About HP
HP is a technology solutions provider to consumers, businesses and institutions globally. The company’s offerings span IT infrastructure, global services, business and home computing, and imaging and printing. For the four fiscal quarters ended July 31, 2005, HP revenue totaled $85.2 billion. More information about HP (NYSE, Nasdaq: HPQ) is available at http://www.hp.com.
