Email: sales@kaiyeled.com
 
Home Products list About us News Service&Support Contact Us Sitemap
 
  Product Categories
  Enterprise dynamic
  Industry information
  Contact Us

Web: www.kaiyeled.com
Tel: +86-18180218808
Skype: xiexiee
Email: sales@kaiyeled.com

  Video

  LOCATION:China Kaiye Lighting Limited > News > Enterprise dynamic
 
Samsung upgrading LED display collection with Yesco Electronics buy
views count:4155 Date:2015-03-09 14:35:24 Author:SystemMaster

Samsung is looking to strengthen its B2B display portfolio with the acquisition of Yesco Electronics.

Founded in 1988, the Utah-based company produces LED-equipped signs and displays. Yesco already counts more than 2,000 installations worldwide across multiple industries -- notably retail, education, hospitality, corporate, and transportation.

Samsung plans to use Yesco's resources to bolster its own outdoor LED display catalog beyond its existing pile of large-format displays (LFDs) toward LCD-based panels.

Financial terms of the deal have not been disclosed.

It's been a big week for Samsung's mobile portfolio amid the Mobile World Congress extravaganza in Barcelona all week, most prominently for the Korean tech giant's new flagship smartphone: the Galaxy S6.

The Yesco purchase follows up Samsung's recently announced and closely followed acquisition of LoopPay, a mobile commerce platform and contactless digital wallet provider boasted to be accepted by 10 million merchants, or 90 percent of retail locations, nationwide.

Many industry followers saw that particular deal as Samsung's answer to Apple Pay.

As the terms of that deal also remained under wraps, LoopPay will become a wholly owned subsidiary of Samsung Electronics America when the deal closes. LoopPay's team will continue to work independently from its existing Boston headquarters.

Previous:LED light manufacturer Terralux raises $11M
next:Cree Adds New LED Arrays To Its Portfolio
LINK
About us News Products list Link Contact Us Sitemap Video
All rights reserved Copyright (C) 2015 Kaiyeled.com  Kaiye Lighting Limited
Tech support:ODENET