What Xerox could get out of a deal with HP

Marielle Segarra Nov 6, 2019
HTML EMBED:
COPY
The HP logo is seen at Hewlett Packard's headquarters in Palo Alto, California on November 4, 2016. Josh Edelson/AFP via Getty Images

What Xerox could get out of a deal with HP

Marielle Segarra Nov 6, 2019
The HP logo is seen at Hewlett Packard's headquarters in Palo Alto, California on November 4, 2016. Josh Edelson/AFP via Getty Images
HTML EMBED:
COPY

Once upon a time, Xerox produced the first plain paper copier, the first laser printer and the computer mouse. But over the decades, it lost market share to a raft of competitors, including HP, formerly Hewlett-Packard.

Now, according to reporting in The Wall Street Journal, Xerox is interested in buying HP. The companies haven’t confirmed the report, but there are a couple of interesting aspects to the idea. For one thing, Xerox is much smaller than HP, with less than a third of the market cap. For another, both companies have been struggling.

Click the audio player above to hear the full story.

As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.

Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.

Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.