Chron reports that HP Inc. has signed a lease for a new campus to be built on 12 acres in Springwoods Village in Houston, Texas. HP will occupy 378,000 square feet in two buildings, according to a development group consisting of Patrinely Group, USAA Real Estate Co. and CDC Houston. Construction will begin early this year with completion planned in the third quarter of 2018. The building will house approximately 2,400 employees.
HP Inc., which focuses on PCs and printing, is also scheduled to acquire Samsung’s Printing Solutions Group – now called S-Printing Solution Company – for $1.05 billion in the first half of this year.
- December 2016: Samsung Provides More Key Info on HP’s Acquisition of its Printing Solutions Group
- November 2016: Samsung Lays Out Road Map for Merging Printing Solutions Group with HP Inc.
- November 2016: Small Revenue Gain for HP’s Fourth Quarter
- November 2016: HP Inc. Marks 1st Anniversary: Looks Back on its 3D Printers, Samsung Acquisition, Copier-Market Disruption