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Study Notes

Business Growth - Acquisitions made by Samsung

Level:
A-Level, IB
Board:
AQA, Edexcel, OCR, IB, Eduqas, WJEC

Last updated 9 Jan 2023

The industrial giant Samsung from South Korea has made numerous acquisitions over the years to help drive their business growth. Here are some examples if you are looking to add application into your revision notes.

Some notable acquisitions made by the company include:

  1. SmartThings: Samsung acquired SmartThings, a home automation company, in 2014.
  2. LoopPay: Samsung acquired LoopPay, a mobile payments company, in 2015.
  3. Viv Labs: Samsung acquired Viv Labs, an artificial intelligence company, in 2016.
  4. Harman International Industries: Samsung acquired Harman International Industries, a company that makes audio and connected car systems, in 2017.
  5. Zhilabs: Samsung acquired Zhilabs, a company that provides analytics solutions for telecom operators, in 2018.
  6. Kigneon: Samsung acquired Kigneon, a company that provides cybersecurity solutions for industrial systems, in 2019.
  7. Platoon: Samsung acquired Platoon, a company that helps artists develop and distribute their music, in 2020.
  8. Joyent: Samsung acquired Joyent, a cloud computing company, in 2016.

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