HP inks single largest graphics customer deal to date with Lightning Source LLC
September 12 2017 - 8:00AM
News highlights:
HP Inc. (NYSE:HPQ) and Lightning Source LLC, a leading
print-on-demand company and a part of Ingram Content Group, today
announced a multi-million dollar deal that will transform the
distribution and sales model for book publishers all over the
world. The agreement is the largest ever for HP’s Graphics
Business. HP will deliver 24 new HP PageWide T240 HD color &
mono digital presses to five sites across three continents.
Photos accompanying this announcement are available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/c82d4bd0-9617-42fb-ae83-697e3b41fb91
http://www.globenewswire.com/NewsRoom/AttachmentNg/baa38612-a68d-4e69-8fc3-9c931a479733
http://www.globenewswire.com/NewsRoom/AttachmentNg/eaf8b656-ddcc-4fad-8071-1565c04d6597
The new order underscores the print industry’s
transformation from analog to digital print technologies, as HP and
Ingram continue to empower publishers to connect with their
customers in new and innovative ways.
“This incredible deal shows that the momentum behind the
renaissance in digital printing is not only continuing—it’s
accelerating. Last month we announced a 5-year deal with
Shutterfly, the leading manufacturer and digital retailer of
high-quality personalized products and services, and today we’re
announcing a 7-year deal with a leader in the content distribution
space,” said Enrique Lores, President, Imaging & Printing
Business, HP Inc. “Our collaboration will enable Lightning Source
to deliver higher-quality digital printing for their customers at
the next level of scale, productivity, and efficiency.”
“Our mission is all about helping content reach its destination,
while providing our customers with the highest print quality, speed
and proficient printer models,” said Shawn Morin, Chief Executive
Officer and President of Ingram Content Group. “By adding HP’s
PageWide Web Presses to our global facilities, we’ll be able to
serve our customers with even more options.”
With their new fleet of HP PageWide Web Presses, Lightning
Source will be able to produce high-quality inkjet color and
monochrome printing on coated stock, deliver faster printing at
speeds of up to 500 feet a minute, and offer unprecedented digital
productivity and volume growth to their publishing clients all over
the world.
HP is leading the analog-to-digital revolution with HP PageWide
customers currently printing 5.5 billion pages in aggregate every
month. Year-over-year customer page growth in 2017 was over
15%. HP PageWide customers have printed a total of 250
billion pages worldwide since inception.
More information on HP’s award-winning HP PageWide presses is
available at
http://www8.hp.com/us/en/commercial-printers/web-presses/overview.html
About HP HP Inc. creates technology that makes life better for
everyone, everywhere. Through our portfolio of printers, PCs,
mobile devices, solutions, and services, we engineer experiences
that amaze. More information about HP Inc. is available at
http://www.hp.com.
About Ingram | www.ingramcontent.com
The world is reading and Ingram Content Group connects people
with content in all forms. Providing comprehensive services for
publishers, retailers, libraries and educators, Ingram makes these
services seamless and accessible through technology, innovation and
creativity. With an expansive global network of offices and
facilities, Ingram’s services include digital and physical book
distribution, print on demand, and digital learning. Ingram Content
Group is a part of Ingram Industries Inc. and includes Ingram Book
Group LLC, Ingram Publisher Services LLC, Lightning Source LLC,
VitalSource Technologies LLC, Verba Software LLC, Ingram Library
Services LLC, and Tennessee Book Company LLC
Lacey Haines, HPLacey.haines@hp.comwww.hp.com/go/newsroom
Elizabeth FieldingIngram Content
Groupelizabeth@tsgnashville.com
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