Published: Sat, October 20, 2018
Electronics | By Kelly Massey

Samsung buys network data specialists Zhilabs in 5G push

Samsung buys network data specialists Zhilabs in 5G push

In the Samsung news release, Youngky Kim, the company's head of networks business, said that 5G "will enable unprecedented services attributed to the generation of exponential data traffic, for which automated and intelligent network analytics tools are vital".

Samsung Electronics Co. said Wednesday it has purchased full stakes in Spain-based network analysis firm Zhilabs to bolster its competitiveness in the fifth-generation network industry. The acquisition aims to bolster Samsung's competitiveness in the fifth-generation network industry, one of Samsung Group's four key growth drivers for the future alongside AI, auto electronics and biologics.

South Korea-based Samsung said it has acquired Zhilabs, a firm based in Barcelona that specializes in network analytics, with an emphasis on leveraging artificial intelligence technologies.

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.

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Celcom Axiata, Telenor, Vodafone, Telefonica, O2, TIM, MTel, Optus, Monaco Telecom, Telekom Srbija, Jazztel, Maxis, among others, are some of the customers of Zhilabs. Samsung will be exploring joint capabilities to create new technology in the transformation from 4G to 5G. Founded in 2008, Barcelona-based Zhilabs' solution helps carriers drill down into the network performance experience at the individual subscriber level.

"Zhilabs with its software products and technology will be contributing towards Samsung's existing end-to-end solutions that it offers to its customers".

Mum's the word on the acquisition price for now, but we do know Zhilabs will be fully owned by Samsung, nonetheless operating independently under its own management.

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