Samsung acquires analytics startup Zhilabs to prepare for the coming 5G era

Samsung acquires Zhilabs

Samsung has made clear that it's got a cash horde of more than $20 billion it wants to spend investing in businesses that will in some way lay groundwork for the company's future growth -- businesses that focus on everything from AI to autonomous cars. 5G is also a component of that, as we see today thanks to the company's announcement of a new acquisition.

Samsung disclosed that it's acquired Barcelona-based Zhilabs, a network analytics startup, and while Samsung hasn't shared terms of the deal, it is saying the purpose is pretty straightforward. The acquisition, according to Samsung, is about helping the company get better prepared for the era of widespread 5G availability.

Continue reading...

BGR Top Deals:

  1. The 50-inch 4K TV with built-in Fire TV everyone loves is somehow back down to $349.99
  2. Our favorite smart lock now comes with exciting new features, and it’s finally in stock on Amazon

Trending Right Now:

  1. It looks like the first ‘Avengers 4’ trailer and title reveal might be coming soon
  2. Upgrade your phone and get unlimited data in one of T-Mobile’s best deals of 2018
  3. All the Huawei Mate 20 features you won’t find on other Android flagships right now

Samsung acquires analytics startup Zhilabs to prepare for the coming 5G era originally appeared on BGR.com on Wed, 17 Oct 2018 at 21:03:25 EDT. Please see our terms for use of feeds.

Post Tagged with , ,

Comments are closed.