Printing to get standardized as Samsung takes over cloud printing firm PrinterOn.
South Korean giant Samsung has acquired Canada-based mobile cloud printing company – PrinterOn. The announcement came on Wednesday September 3, 2014.
The monetary details of the acquisition have not be disclosed as of now, however, the news is that PrinterOn will be a completely owned asset of Samsung Electronics Canada.
PrinterOn uses cloud technology enabling users to print documents from their tablets, mobiles, smartphones or laptops via any printer that is equipped with PrinterOn technology. A user’s location or network connection does not hinder the process.
This entails that if an email from a user’s smartphone that needs to be printed, the user can do so through any preferred PrinterOn printing device. There are an approximate 10,000 PrinterOn printing spots in the world.
The simple act of printing will thus not be bound the physicality’s of time and space.
This new Samsung merger and acquisition comes after a spate of mergers and acquisitions (M & A’s) by arch-rivals Google and Apple. In an increasingly competitive tech market, M & A’s are becoming extremely common. Tech giant Google recently acquired city guide app Jetpac in a bid to further develop its search surroundings feature.
