Samsung to acquire Simpress, Brazil printing service company

For Samsung, the acquisition of Simpress will fill in a few B2B gaps for expansion into Latin America. ZDNet Korea reported the deal.

Samsung will acquire Simpress, which is Brazil's largest printing service company, according to ZDNet Korea.

ZDNet Korea reported the story Friday. The acquisition, which is likely to be less than $100 million, will be announced Monday.

For Samsung, the acquisition of Simpress will fill in a few B2B gaps for expansion into Latin America. Samsung is looking for an efficient way to sell its stack---PCs, printers, screens, tablets and smartphones---into the enterprise.

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The company recently built a services unit targeting the enterprise. Simpress would give Samsung a better foothold in Brazil and an avenue into business process outsourcing.

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