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Samsung Electronics Buys Network Analysis Firm Zhilabs in 5G push

Samsung is betting that Zhilabs, which uses artificial intelligence to analyse network data, would help its transition to newer 5G gear, as it uses automated network analytics tool for fast data crunching.

Reuters

Updated:October 17, 2018, 10:15 AM IST
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Samsung Electronics Buys Network Analysis Firm Zhilabs in 5G push
Samsung Expects Weak Q1 Earnings Over Chip Prices (photo for representation)
Samsung Electronics Co Ltd said on Wednesday it has bought Barcelona-based network data analysis firm Zhilabs, as the South Korean giant gears up to launch products for connected devices and 5G mobile services that require fast data crunching.

Samsung did not disclose the value of the deal, which marks the first announced acquisition in new technologies since companies in the Samsung group pledged in August a 25 trillion won ($22.23 billion) investment in artificial intelligence, 5G, electronic components for autos, and biopharmaceuticals.

Samsung is betting that Zhilabs, which uses artificial intelligence to analyse network data, would help its transition to newer 5G gear, as it uses automated network analytics tool for fast data crunching.

Established in 2008, Zhilabs provides analyses of network condition, performance, and data traffic for about 50 telecom companies. Fully owned by Samsung, Zhilabs will continue to operate independently under its own management. Samsung also said on Wednesday that it "will also explore and invest in other business opportunities powered by the emerging technologies".
(Get detailed and live results of each and every seat in the Lok Sabha elections and state Assembly elections in Andhra Pradesh, Odisha, Arunachal Pradesh and Sikkim to know which candidate/party is leading or trailing and to know who has won and who has lost and by what margin. Our one-of-its-kind Election Analytics Centre lets you don a psephologist’s hat and turn into an election expert. Know interesting facts and trivia about the elections and see our informative graphics. Elections = News18)
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