Samsung Electronics said on Wednesday it had agreed to buy Germany's FlaktGroup for 1.5 billion euros ($1.68 billion) as it ...

South Korea's Samsung Electronics said on Wednesday that it has agreed to acquire all shares of FlaktGroup, a German maker of ...

SEOUL (Reuters) - Samsung Electronics (005930.KS), said on Wednesday it had agreed to buy Germany's FlaktGroup for 1.5 ...

Samsung, through its biggest acquisition in eight years, said it aims to tap demand for data centers for artificial intelligence (AI) projects, which require stable cooling.

Samsung Electronics is drawing renewed attention over the possibility of further mergers and acquisitions in its core high-tech sectors, following its recent purchase of a European heating and cooling ...

The Japanese company reported higher quarterly earnings, supported by its music and movie businesses. The deal with U.S. biotech Septerna will see the companies develop pills to treat obesity, type 2 ...

The order will support 154,000 U.S. jobs annually, the White House said. Shareholders cite lack of a succession plan for supervisory-board chairman Thomas Rabe.

"With all the trade talk and all the negative headlines and the worries about layoffs and a looming recession, people forgot about the benefits to corporate profits from automation and AI" said Oliver ...

Samsung, led by Chairman Jay Y. Lee, said at a shareholder meeting in March that it was seeking "significant" deals this year ...

Samsung is acquiring European heating and cooling products' provider FläktGroup for €1.5B, equivalent to an enterprise value ...

Samsung Electronics Co acquires FläktGroup for $1.7B, expanding its HVAC business. The deal is expected to capitalize on ...

FläktGroup boasts more than 100 years of technological expertise and design capabilities in the HVAC sector. The company ...