Samsung acquires Canadian messaging tech specialist 

WEDNESDAY, NOVEMBER 16, 2016
Samsung acquires Canadian messaging tech specialist 

The world’s largest smart-phone maker, Samsung Electronics, announced on Wednesday that it had acquired Canadian messaging-technology specialist NewNet Communication Technologies for an undisclosed sum.

NewNet is a leading provider of infrastructure and services in rich communications services (RCS), a technology format that spans various platforms.
RCS works like other messaging services such as WhatsApp and iMessage, but allows communication beyond the circle of users of a specific app.
Describing the acquisition as “a critical milestone”, Samsung promised that the acquisition would allow it to provide “features such as enhanced calling, group chat, and the ability to easily share and transfer large files including multimedia and high-resolution photos”.
The technology would allow users “to communicate on any network”, it added.
Earlier this year, Samsung acquired Canadian advertising firm Adgear, as well as the US firms Joyent, a cloud services start-up; household appliances producer Dacor.
The South Korean company has also acquired start-up Viv Labs, which develops digital assistants for smart phones and other devices.