Samsung Electronics Acquires PrinterOn, Enhances Cloud Solutions Offerings for B2B Customers
PrinterOn’s mobile cloud printing solutions to complement Samsung’s mobile ecosystem, building upon Samsung’s pioneering mobile printing initiatives
TORONTO, ON and KITCHENER, ON - September 2, 2014 - Samsung Electronics Co., Ltd. announced its acquisition of PrinterOn®, a pioneer in mobile cloud printing solutions based in Ontario. The acquisition is expected to reinforce Samsung's expansive mobile ecosystem, particularly for the company's B2B customers, as well as further Samsung's leadership in the standardization of mobile printing as a founding member of the Mopria Alliance. PrinterOn will operate as an independent, wholly-owned subsidiary of Samsung Electronics Canada (SECA).
"We are very excited that PrinterOn has become a part of the Samsung Team," said Gregory Lee, President of Samsung Electronics North America Headquarters. "PrinterOn has a long history of innovation and a deep understanding of mobile cloud-based solutions."
In light of the rapid proliferation of smartphones and tablets in schools and offices, PrinterOn's solutions have been designed to meet a growing need for mobile printing solutions that allow users to print from any mobile device to any printer they choose, while also being simple and easy to use. Such solutions include, among others, high quality document rendering in multiple formats, multiple print submission and print job delivery methods, and key mobile operating system support. Additionally, PrinterOn also offers a unique cloud-based directory service that enables a secure interface to mobile devices and private and public cloud servers.
"We are pleased to become part of Samsung Electronics Canada," said Angus Cunningham, Chief Executive Officer and President of PrinterOn. "This acquisition will allow PrinterOn solutions to be incorporated into the Samsung mobile ecosystem, enabling widespread adoption of PrinterOn's unique technology and providing device agnostic mobility solutions for an increasingly mobile world."
PrinterOn solutions have been deployed worldwide in over 120 countries at offices, hotels, universities and libraries. Since its inception in 2000, users of PrinterOn have printed over 80 million pages.