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In September 1994 HP introduced the Color LaserJet, the corporation's first color laser printer. The printer had an average cost per page of less than 10 cents. The Color LaserJet offered 2 ppm color printing and 10 ppm for black text, 8MB of memory, 45 built-in fonts, a 1,250-sheet paper tray and enhanced PCL 5 with color.
HP bought Yokogawa Electric's share of Hewlett-Packard Japan in 1999. [18] HP spun off the small company Dynac to specialize in digital equipment. The name was picked so that the HP logo could be turned upside down to be a reflected image of the logo of the new company. Dynac was eventually renamed Dymec and folded back into HP in 1959. [19]
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