Samsung did not disclose the value of the deal, which marks the first announced acquisition in new technologies since it pledged to spend $22.23 billion in artificial intelligence, 5G, electronic components for autos, and biopharmaceuticals.
AI-based automation is particularly relevant for connected cars that need to make constant adjustments on the fly while connected to low latency 5G services.More news: UN Vote on Palestine as G-77 President Saluted
Zhilabs is best known for devising a software product called FlowSight, which is capable of collecting massive data at an unrivaled speed, as well as analyzing it and automatically improving network quality to "finely tune customer experiences" both right now and in the impending "5G era".
Samsung hopes that this move will allow it to improve its AI-driven industrial IoT and automotive solutions since the next-gen 5G services will require advanced analytics to keep up with the ever-increasing demand of fast and reliable connectivity all across the world.
Zhilabs will remain an independent operation with its own management in place, Samsung said.More news: Woman left after dropping boy off on doorstep of wrong house
Celcom Axiata, Telenor, Vodafone, Telefonica, O2, TIM, MTel, Optus, Monaco Telecom, Telekom Srbija, Jazztel, Maxis, among others, are some of the customers of Zhilabs. In March, Zhilabs announced it was opening an office in Southlake, Texas.
In May, Zhilabs said it would deploy an "internet in the car" analytics system for a Tier 1 carrier, but additional information is no longer available on its website.
Service providers including AT&T, Verizon, BT and CenturyLink are putting automation and AI to work in their networks to enable closed-loop automation and, eventually, autonomous networks.More news: Here’s why Rihanna declined to headline the Super Bowl Halftime Show