Hewlett-Packard Co. Friday announced that it plans to acquire Scitex Vision Ltd. in a move that will expand HP's large-format printing business. Scitex Vision, in Netanya, Israel, is a maker of wide and super-wide format printers for industrial applications and signs, such as billboards and banners. HP will purchase the printer maker for US$230 million.
Hewlett-Packard Co. chief executive officer Mark Hurd has begun to shake things up at his new company. On Monday the Palo Alto, California, technology company announced that it had split its recently merged printer and personal computer groups into two separate divisions, undoing one of the last major decisions made by Hurd's predecessor, Carly Fiorina.
Hewlett-Packard Co. (HP) unveiled several new products and partners last week in a move intended to help bring rich digital color into consumers' photographs and small businesses' marketing materials at a lower cost.