Samsung is a South Korea-based worldwide conglomerate that has businesses in various industries. The company, known for its electronics, has come to operate in various sectors, such as cloud services, through acquisitions and investments. Some of the top 10 businesses owned by Samsung include:
Top 10 Businesses Owned by Samsung
Harman International Industries
Harman International Industries was acquired by Samsung for $8 billion in 2016. Harman, which deals in integrated audio equipment and electronic systems, operates as JBL, Infinity, Harman/Kardon, Lexicon, and Mark Levinson. It is among the top 10 businesses owned by Samsung.
AdGear
In June 2016, Samsung acquired a private company to track its investment in AdGear, a leading digital advertising technology company that delivers software and services through the most expansive channels list including TV, print, dialog, and digital. Its owner was the Korean company’s investment branch, the Global Innovation Center, responsible for such a connection to help Samsung TV audiences reach its customers through internet digital devices.
Joyent
It is a global cloud services provider that Samsung bought in June 2016. The focus of Joyent’s cloud software solutions, public, and private allows Samsung to support its products with cloud-based software. Therefore, the product ecosystem is also launched. It is one of the top 10 businesses owned by Samsung.
LoopPay
Samsung acquired LoopPay to compete with Apple Pay. LoopPay’s technology allows users to make mobile payments by tapping their devices on hardware in stores. Samsung integrated this technology into its mobile payment system, Samsung Pay. It is yet another top 10 businesses owned by Samsung.
Nexus
Samsung introduced the purchase of Nexus, a healthcare equipment producer located in the United States. The outcome provided no insights into just how much Samsung paid for the business. At the same time, it is a strong declaration of Samsung’s intent to broaden into new market areas.
Novaled
In 2013, Samsung invested $347 million in Novaled. Novaled is a service using natural materials and strategies for the next generation of OLED displays that are utilized in Televisions and Smartphones. It is one of the top 10 businesses owned by Samsung.
Proximal Data
Proximal Data ended up being established by Samsung in 2014. The business develops server-side caching applications for developing and saving regularly addressed details in memory.
Simpress
Samsung acquired this technology solution print company in 2015 for 100 million. This firm designs various digital printing materials that will boost Samsung’s business-to-business unit while also augmenting its penetration of the Lain America print market.
SmartThings
In 2014, Samsung purchased this firm for $200 million. It creates smart kits for houses with the requisite software and hardware to interconnect multiple devices under a single managing software.
Prismview Young Electric Sign Co.
In 2015, the company acquired this firm. It had exclusive rights to make LED displays for digital billboards and signage. Samsung uses the display to integrate it into its smartphone, television, and tablet products. The list of top 10 businesses owned by Samsung sums up here.
