M&A Deal Summary

Samsung Electronics Acquires Zhilabs S.L.

On October 17, 2018, Samsung Electronics acquired software company Zhilabs S.L.

Acquisition Highlights
  • This is Samsung Electronics’ 5th transaction in the Software sector.
  • This is Samsung Electronics’ 1st transaction in Spain.

M&A Deal Summary

Date 2018-10-17
Target Zhilabs S.L.
Sector Software
Buyer(s) Samsung Electronics
Deal Type Add-on Acquisition

Target

Zhilabs S.L.

Barcelona, Spain
Zhilabs, S.L. is a software company focused on providing Artificial Intelligence (AI)-based network and service analytics. Zhilabs was formed in 2008 and based in Barcelona.

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Buyer(S) 1

Buyer

Samsung Electronics

Suwon, South Korea

Category Company
Founded 1969
Sector Electronics
Employees106,074
Revenue 300.87T KRW (2024)
DESCRIPTION
Office on Samsung's corporate campus in Mountain View, California.
Office on Samsung's corporate campus in Mountain View, California.

Samsung Electronics is a manufacturer and marketer of a wide range of consumer electronics. Samsung Electronics produces mobile phones, televisions, computers as well as electronic components including batteries, chips, memory and hard drives. Samsung Electronics was founded in 1938 and is based in Suwon, South Korea.


DEAL STATS #
Overall 27 of 29
Sector: Software M&A 5 of 5
Type: Add-on Acquisition M&A Deals 25 of 27
Country: Spain M&A 1 of 1
Year: 2018 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-07 Kngine

San Mateo, California, United States

Kngine, Inc. is an intelligent engine that understands, answers questions and perform actions. Kngine use to automate customer service, power voice interfaces and drive enterprise search. Kngine, Inc. was founded in 2008 and is based in San Mateo, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-05 TeleWorld Solutions

Chantilly, Virginia, United States

TeleWorld Solutions is a network services provider that delivers consulting, design, deployment, testing, optimization, automation, and software development services to mobile service and cable operators, equipment OEMs and other companies across the U.S. TeleWorld Solutions is based in Chantilly, Virginia.

Buy -