Latest acquisition news

Samsung could acquire Nokia’s mobile network business for $10 billion

According to a new report, Samsung might acquire Nokia's mobile network infrastructure business. It was recently reported that Nokia and Samsung are in talks about selling the former's mobile network business group to the latter. If this happens, Samsung will become a major player in the global network infrastructure business. With the acquisition of Nokia's […]

By Asif Iqbal Shaik
2 months ago

Samsung acquired Viv Labs for around $215 million

Back in October 2016, Samsung announced that it had acquired artificial intelligence startup Viv Labs. Unfortunately, at the time, the financial terms of the deal weren't revealed. The firm has now, however, disclosed that it inked the contract for 238.93 billion won on Friday, October 8, when the Korean won was equal to $0.0009 — […]

By Josh L.
8 years ago

Samsung to acquire luxury home appliance manufacturer Dacor

It has been revealed today that Samsung has entered into an agreement to acquire luxury home appliance manufacturer Dacor. It's currently unclear why the South Korean company is purchasing the firm, but we believe that it will utilize Dacor's branding, credibility, and resources to manufacture innovative products for the luxury IoT market. Unfortunately, Samsung hasn't […]

By Josh L.
8 years ago

Samsung acquires LoopPay, makes its intentions clear

In what is seen as a sign of things to come, Samsung has acquired mobile wallet services provider LoopPay for an undisclosed sum of money. Talks and reports about a Samsung-LoopPay partnership have been floating since quite a few months now, and this acquisition clears the air once and for all. LoopPay's services include conversion […]

By Yash G.
10 years ago

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