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What Xerox could get out of a deal with HP

Both companies have been office equipment mainstays.

The HP logo is seen at Hewlett Packard's headquarters in Palo Alto, California on November 4, 2016.
The HP logo is seen at Hewlett Packard's headquarters in Palo Alto, California on November 4, 2016.
Josh Edelson/AFP via Getty Images

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.

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