The new excise tax comes when regulatory delays and uncertainty are increasing, and as many device firms are shutting down or moving abroad to take advantage of the more favorable tax and regulatory climate in Europe.

FORBES: ObamaCare's Medical Device Tax Will Cost Innovation and Jobs

It is in the process of shutting down its inkjet printer operations in order to concentrate on the faster growing laser printer and multi-function device markets.

FORBES: Did You See "Office Space"? The Printer Scene? Read On