M&A Deal Summary

Samsung Electronics Acquires AdGear Technologies

On June 16, 2016, Samsung Electronics acquired internet software and services company AdGear Technologies

Acquisition Highlights
  • This is Samsung Electronics’ 4th transaction in the Internet Software and Services sector.
  • This is Samsung Electronics’ 1st transaction in Canada.
  • This is Samsung Electronics’ 1st transaction in Quebec.

M&A Deal Summary

Date 2016-06-16
Target AdGear Technologies
Sector Internet Software and Services
Buyer(s) Samsung Electronics
Deal Type Add-on Acquisition

Target

AdGear Technologies

Montreal, Quebec, Canada
AdGear Technologies, Inc. is a digital advertising technology firm. AdGear provides software and services to advertisers, media agencies and publishers. AdGear's full-stack advertising platform offers customers advanced advertising analytics, proprietary targeting, cross-channel attribution measurement, ad serving, real-time bidding and exchange technology.

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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 17 of 29
Sector: Internet Software and Services M&A 4 of 9
Type: Add-on Acquisition M&A Deals 16 of 27
State: Quebec M&A 1 of 1
Country: Canada M&A 1 of 2
Year: 2016 M&A 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-15 Joyent

San Francisco, California, United States

Joyent, Inc. is a leading public and private cloud provider.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-10 Dacor

Costa Mesa, California, United States

Dacor, Inc. is a manufacturer of proprietary, branded ultra-premium kitchen appliances. Designed and built in California, Dacor’s cooking appliances integrate function and technology to create high-performing, intuitive products that reflect the lifestyle and needs of the passionate cook. Dacor has been responsible for many of the cooking innovations that have improved the way people prepare meals in the modern kitchen. Dacor is family-owned and embraces the legacy, heritage and expertise of multiple generations to lead the company into a new age of cooking innovation.

Buy -