HP Acquires Web-Printing Software Firm

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HP announced it has signed a definitive agreement to acquire Tabblo Inc., a privately-held developer of web-based software located in Cambridge, Mass.

HP plans to leverage Tabblo¡¯s technologies to make printing from the web easier and more convenient than it is today. Tabblo¡¯s technology allows people to simply and efficiently arrange and print text, graphics and photos from the web. This is made possible by Tabblo¡¯s custom template engine, using an AJAX-enriched interface.

HP plans to make this simple-to-use web-printing experience broadly available to people by working with other companies to integrate the technology into their websites. Together, HP and its partner companies will provide customers with a vastly improved web-based printing experience to meet the ever-growing need for simplified Internet-based printing.

¡°HP¡¯s goal is to make printing content from the web the easiest and best experience possible for people ¨C whether they are printing a simple map or a book of their favorite blogs,¡± said Vyomesh Joshi, executive vice president, Imaging and Printing Group, HP. ¡°By acquiring Tabblo¡¯s technology and making it available to companies that host popular websites, HP will be firmly on the path to becoming the print engine of the web.¡±

The acquisition is subject to certain closing conditions and is expected to be completed within the next few weeks. Financial terms of the transaction were not disclosed.