PALO ALTO, CALIF—  Hewlett Packard (HP) has agreed to buy printing company Apogee Corp of the UK. Apogee specializes in managed print services both in house and outsources.They do high volume digital printing, graphic design, print services and are an equipment OEM dealer.This is part of HP expansion into contractual office printing and managed print services. Apogee has 25 locations in the UK and Europe. There clients include McDonalds, BDO and large British legal firms. The deal for $500 million is expected to close before the end of the year. Apogee will operate as an independent subsidiary of HP.