Samsung to buy Brazil printing solutions firm | HT Tech

Samsung to buy Brazil printing solutions firm

South Korea's Samsung Electronics Co Ltd said on Saturday that it would acquire Brazilian printing solutions company Simpress, the latest deal by the tech giant to bolster its business-to-business operations.

By:REUTERS
| Updated on: Jan 31 2015, 11:02 IST

South Korea's Samsung Electronics Co Ltd said on Saturday that it would acquire Brazilian printing solutions company Simpress, the latest deal by the tech giant to bolster its business-to-business operations.

One of the tech giant's responses to the uncertain smartphone outlook has been making acquisitions to strengthen its business offerings for corporate clients.

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Samsung in November acquired U.S. based server-side caching software company Proximal Data. The Korean firm also acquired U.S.-based Quietside, distributor of heating, ventilation and air conditioning products, and Canadian mobile printing solutions company PrinterOn.

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A Samsung spokeswoman declined to comment on how much the firm is paying to acquire Simpress.

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First Published Date: 31 Jan, 10:45 IST
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