Our Samsung Acquisition Opened Up A $55 Billion Market: HP Inc CEO

  • “Mad Money” host Jim Cramer sits down with HP Inc. CEO Dion Weisler to gauge the state of the personal computer and printing markets.
  • Weisler touts the benefits of his company’s billion-dollar acquisition of Samsung’s printing business.

The following appears on cnbc.com

HP Inc.’s $1.05 billion acquisition of Samsung Electronics’ printing business will give HP Inc. access to a $55 billion market, HP Inc. President and CEO Dion Weisler told CNBC on Thursday.

Telling “Mad Money” host Jim Cramer that the printing business is thriving both at home and in the office, Weisler said that his company is currently only “playing in” $55 billion of the $110 billion market.

“We did the Samsung acquisition because it opens up the other $55 billion copier market to us,” Weisler told Cramer. “We have very low market share in that market segment, but we’re growing there and so it gives us a growth platform for many years to come.”

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