Hewlett Packard on Tuesday said it signed a definitive agreement to acquire Printelligent in an effort to step up its game with managed print services, an area HP already considers itself top dog. The OEM justified the purchase by saying it will "strengthen HP's leadership in MPS," while giving HP an immediate upgrade in infrastructure, software, and trained workers.
"As a market leader in Managed Print Services, this acquisition puts us even further ahead by strengthening our ability to deliver services and solutions through our channel partners to SMB customers," said Vyomesh Joshi, executive vice president, Imaging and Printing Group, HP. "We're reinforcing our commitment to our channel partners by bringing them a level of technology and experience that is unprecedented in the industry."
Joshi's enthusiasm nearly gets us super excited about the deal too, and then it hits us we're talking about MPS and not something sexier like gaming or overclocking.
Printelligent has been around for 23 years. Once the deal is complete, Printelligent's assets will be integrated into the LaserJet and Enterprise Solutions unit within the Imaging and Printing Group of HP. Terms of the deal were not disclosed.