FlaktGroup
2025
$1.7B
Why
Samsung Electronics agreed to buy the German heating, ventilation and air-conditioning company FlaktGroup for about EUR1.5 billion (about $1.7 billion) to expand in commercial and data-centre cooling.
Samsung Electronics Co., Ltd.
Consumer electronics and semiconductorsFounded 1969- HQ today: Suwon, South Korea
Reviewed by Swet Parvadiya
Company data updated: October 2026
Acquisitions
Samsung Acquisitions
4
Major Deals Covered
$9.9B
Disclosed Deal Value
What are Samsung's biggest acquisitions?
Samsung's largest disclosed acquisition here is Harman International for $8B in 2017. This page covers 4 major deals from 2014 to 2025, each with its price where disclosed and the reason behind it.
- Major deals covered
- 4
- Largest deal
- Harman International ($8B)
- First deal
- 2014
- Most recent
- 2025
| Company | Year | Price | Purpose |
|---|---|---|---|
| Harman International | 2017 | $8.0B | Diversify beyond phones and TVs into connected-car electronics and premium audio. |
| SmartThings | 2014 | $200.0M | Acquire a smart home platform to connect Samsung appliances, TVs and third-party devices. |
| FlaktGroup | 2025 | $1.7B | Samsung Electronics agreed to buy the German heating, ventilation and air-conditioning company FlaktGroup for about EUR1.5 billion (about $1.7 billion) to expand in commercial and data-centre cooling. |
| Xealth | 2025 | Undisclosed | Samsung Electronics acquired the digital-health platform Xealth, announced on July 8, 2025. |
- What companies has Samsung bought?
- Major acquisitions by Samsung documented here include Harman International (2017), FlaktGroup (2025), SmartThings (2014) and Xealth (2025).
- What is Samsung's most recent acquisition?
- The most recent Samsung acquisition documented here is FlaktGroup, in 2025, for $1.7B.
Xealth
2025
Why
Samsung Electronics acquired the digital-health platform Xealth, announced on July 8, 2025.
Harman International
2017
$8.0B
Why
Diversify beyond phones and TVs into connected-car electronics and premium audio.
Impact
The all-cash deal, completed in March 2017 at $112 per share, added digital cockpits, telematics and the JBL, Harman Kardon and AKG brands.
Outcome
Harman is reported as a separate segment and posted ~$3.27 billion (KRW 4.6 trillion) revenue in Q4 2025.
SmartThings
2014
$200M
Why
Acquire a smart home platform to connect Samsung appliances, TVs and third-party devices.
Impact
SmartThings became the software hub for Samsung's connected-home products.
Outcome
SmartThings is built into Samsung TVs, appliances and Galaxy phones and supports the Matter standard.
Samsung Electronics Co., Ltd.'s Growth & Acquisition Strategy
Samsung's growth plan centers on AI memory: ramping HBM4 for Nvidia and AMD accelerators, developing HBM4E, and adding DRAM capacity at Pyeongtaek. In foundry it is pursuing 2nm gate-all-around production and building its Taylor, Texas fab to win customers from TSMC. On the device side it relies on Galaxy AI features, foldables and premium TVs to defend share against Apple and Chinese brands.
How Samsung Electronics Co., Ltd. Makes Money
Samsung earns money from two groups of businesses. Device Solutions (DS) makes and sells memory (DRAM, HBM, NAND), System LSI chips such as Exynos processors and ISOCELL image sensors, and contract foundry manufacturing. In Q2 2026, DS produced ~$90.5 billion (KRW 127.5 trillion) of the company's ~$122 billion (KRW 171.5 trillion) revenue and ~$63.3 billion (KRW 89.2 trillion) of its ~$63.5 billion (KRW 89.5 trillion) operating profit. Device eXperience (DX) sells Galaxy phones, tablets, wearables, TVs, monitors and home appliances, plus network equipment. Separately consolidated subsidiaries add OLED panels from Samsung Display, sold to Apple and other phone makers, and automotive and audio electronics from Harman.
Samsung Acquisitions FAQ
What was the largest acquisition in Samsung Electronics' history?
Samsung's largest acquisition was connected automotive and audio systems leader Harman International Industries, acquired in March 2017 for $8.0 billion in an all-cash transaction.
Why did Samsung acquire Harman International for $8 billion?
Harman gave Samsung an immediate tier-1 global foothold in automotive electronics, digital cockpits, and telematics systems across luxury automakers (BMW, Mercedes-Benz, Audi, Toyota), paired with legendary audio brands like JBL and Harman Kardon.
What was the acquisition of SmartThings in 2014?
In August 2014, Samsung acquired open smart home platform SmartThings for approximately $200 million, integrating its open IoT hub architecture across all Samsung appliances, TVs, and Galaxy devices.
What was the acquisition of LoopPay in 2015 and what product did it enable?
In February 2015, Samsung acquired mobile wallet startup LoopPay for ~$250 million, gaining proprietary Magnetic Secure Transmission (MST) technology that allowed Samsung Pay to work on traditional magnetic stripe card terminals without NFC.
What was the acquisition of Viv Labs in 2016?
In October 2016, Samsung acquired Viv Labs, an artificial intelligence company founded by the original creators of Apple's Siri (Dag Kittlaus and Adam Cheyer), integrating its natural language conversational platform to power Samsung Bixby.
What was the acquisition of eMagin by Samsung Display in 2023?
In May 2023, Samsung Display acquired US micro-OLED manufacturer eMagin for $218 million, securing proprietary direct-patterned organic light-emitting diode technology essential for next-generation XR and virtual reality headsets.
Why hasn't Samsung executed a mega-merger in semiconductors (e.g., NXP)?
While Samsung holds over $75 billion in cash and evaluated major automotive semiconductor buyouts (like NXP Semiconductors), escalating geopolitical antitrust scrutiny from China, the US, and the EU makes multi-billion-dollar cross-border chip acquisitions nearly impossible to approve.
What was the acquisition of Oxford Semantic Technologies in 2024?
In July 2024, Samsung acquired UK-based Oxford Semantic Technologies, a startup spun out of the University of Oxford specializing in knowledge graphs and semantic reasoning, enhancing personal data knowledge engines on Galaxy AI devices.
What is Samsung Next and how does it invest in early-stage startups?
Samsung Next is Samsung's corporate venture capital arm operating out of Silicon Valley, New York, and Tel Aviv, investing in early-stage frontier technology startups across artificial intelligence, spatial computing, robotics, and cybersecurity.
What was the acquisition of Dacor in 2016?
In August 2016, Samsung acquired luxury American kitchen appliance manufacturer Dacor for ~$150 million, establishing an immediate foothold in high-end built-in luxury kitchen ranges, ovens, and wine cellars in North America.
How does Samsung approach post-merger integration?
Unlike conglomerates that aggressively absorb acquisitions, Samsung typically operates major acquisitions like Harman as independent stand-alone subsidiaries, preserving their distinct corporate identities, management teams, and customer relationships.
What future areas of M&A is Samsung prioritizing?
Executive Chairman Jay Y. Lee has signaled that future corporate development focuses on specialized AI foundation models, surgical and assistive robotics (Rainbow Robotics investment), automotive semiconductors, and digital healthcare technologies.
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