With the deal, the Palo Alto, Calif.-based computing behemoth displaces Xerox as Ford's printing and imaging specialist, according to HP. The contract, expected to be announced on March 9, is HP's largest of its kind ever, it said.
HP has been on ato try to sign more companies up for printing services deals. By May, it said it had landed since launching the effort.
In November, the company said it wouldto better compete against the sorts of copier devices sold by Xerox and others. (The copier engine technology is provided by Konica Minolta.) Its rivals now include IBM, which recently started to offer printing and imaging services.
The printer services market and the
In the, printing and imaging accounted for $6.2 billion in revenue and $968 million in operating profit at the company. By contrast, the PC unit accounted for $6.2 billion in revenue and $62 million in operating profit.
HP didn't indicate whether the Ford deal involved equipment or services, but said that the deal would cut costs for Ford, which indicates that outsourcing is involved.