씪씤
쇊履
삤瑜몄そ
> TECH > Home & Mobile

Samsung Electronics goes on acquisition spree buying 8 overseas companies in 10 months

Whowired News Team  |  press@whowired.com
룿듃궎슦湲 룿듃以꾩씠湲 봽由고듃븯湲 硫붿씪蹂대궡湲 떊怨좏븯湲
듅씤 2015.03.04  17:30:05
듃쐞꽣 럹씠뒪遺 꽕씠踰 援ш msn

Samsung Electronics went on an acquisition spree in its aggressive efforts to devour innovative technologies across virtually all fields involving electronic devices including mobile, display, semiconductor, and even medicine. While it has acquired 22 companies since 2007, the Korean tech behemoth has bought eight overseas companies since last May.

Samsung Electronics announced on March 4 that it has acquired YESCO Electronics, a U.S. light-emitting diode (LED) display maker in order to strengthen its digital signage business. YESCO Electronics is specialized in digital signage produces, including big-sized and outdoor advertising displays. Major works of YESCO Electronics include outdoor ad displays at Piccadilly in London, the five-star Wynn Las Vegas hotel, and the Aria Resort and Casino in the U.S. With the acquisition of YESCO Electronics, Samsung now has a full product lineup in the digital signage industry.

   
 

Prior to 2011, Samsung Electronics’acquisition and merger, by and large, was limited to its traditional business fields of home appliances and semiconductors. The purposes of the acquisitions were also usually to establish local production facilities and expand sales networks.

Since 2011, however, Samsung has completely changed its M&A strategy in a way to pursue unchartered new growth fields and empower its technology and R&D arsenal by acquiring promising startups and SMEs with proven innovative technologies on the global stage.

In April 2011, Samsung initiated its new strategy by buying Medison, a Korea-based medical equipment maker in its push into the medical device industry. It went on to buy the Nexus division of ITC Nexus Holding Company (ITC) which is specialized in cardiac point-of-care testing solutions as well as NeuroLogica, a medical imaging company.

Over recent years, Samsung has been more focusing on mobile and B2B fields in its acquisition efforts. In this year, the company bought Brazilian printing solutions company Simpress,and YESCO Electronics in its efforts to strengthen its B2B business. It also acquired US air-conditioner distributor Quiteside and Canadian cloud-printing companyPrinterOn over the last ten months in the same efforts.

At MWC 2015, the world’s largest mobile phone maker unveiled the Galaxy S6, its latest flagship smartphone model which supports Samsung Pay. The core MST technology of Samsung’ Pay is based on US mobile payment solution provider LoopPay that Samsung acquired in last month.

In its push into IoT business which the company sets as one of its major future growth engines, Samsung also brought four US startups including SamrtSigns, an US open platform developer, in a three month period between August and October last year. 

Whowired News Team쓽 떎瑜멸린궗 蹂닿린  
룿듃궎슦湲 룿듃以꾩씠湲 봽由고듃븯湲 硫붿씪蹂대궡湲 떊怨좏븯湲
듃쐞꽣 럹씠뒪遺 꽕씠踰 援ш msn 뮘濡쒓湲 쐞濡쒓湲
씠 湲곗궗뿉 븳 뙎湲 씠빞湲 (0)
옄룞벑濡앸갑吏슜 肄붾뱶瑜 엯젰븯꽭슂!   
솗씤
- 200옄源뚯 벐떎 닔 엳뒿땲떎. (쁽옱 0 byte / 理쒕 400byte)
- 슃꽕벑 씤떊怨듦꺽꽦 湲 궘젣 빀땲떎. [슫쁺썝移]
씠 湲곗궗뿉 븳 뙎湲 씠빞湲 (0)
Photo News
Most Read
New Launch
LG Breaks New Ground with 2017 SUPER UHD TV Lineup Feat...
LG Breaks New Ground with 2017 SUPER UHD TV Lineup Featuring Nano Cell Technology
Employing the most advanced color-enhancing LCD panel t...
Life & Culture
New high speed railway launched to win customer satisfaction

New high speed railway launched to win customer satisfaction

Those who travel by high speed tra...
Hyundai Motorsport Finalizes 2017 WRC Driver Line-up

Hyundai Motorsport Finalizes 2017 WRC Driver Line-up

Hyundai Motorsport has finalized i...
SISTAR to Livestream Showcase for 4th Mini Album on June 21

SISTAR to Livestream Showcase for 4th Mini Album on June 21

SISTAR has revealed that they are ...
About WhowiredRSSAdvertise with UsComplaintsPrivacy PolicyYouth Protection PolicyRejection of Email Collection
Socrates Bldg. 2nd fl., 1947, Nambusunwhan-ro, Kwanak-gu, Seoul, 151-812 Republic of Korea
E-mail : press@whowired.com  |  TEL : 82 2 557 7313  |  Periodical Registration Number : Seoul AH 03117
Publisher : Song, Kyung-mi  |  Editor : Won, Cheol-rin  |   Youth Protection Policy : Kim, Jong-yoon |  FAX : 82 2 557 7312
Copyright © 2017 Whowired. All rights reserved.
As far as you expressly display the source of "Whowired" in your postings, any republishing or redisstribution will be allowed.