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HP Signs Largest Customer Deal Ever With Lightning

Lightning Source LLC, part of the Ingram Content Group, signed a deal to deploy 24 HP PageWide Web Presses to serve its publishing clients. The agreement makes HP its preferred inkjet press provider through 2024, to be delivered at five sites across three continents, focusing on PageWide T240 HD colour and mono presses. With services and supplies, the multi-million dollar deal over seven years is the largest ever for HP’s graphics business.
 
“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.”

HP explains its PageWide customers are currently printing 5.5 billion pages in aggregate every month. Year-over-year customer page growth in 2017 was over 15 percent. HP PageWide customers have printed a total of 250 billion pages worldwide since inception.
 
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.