Samsung acquires U.S. air conditioner distributor QuietsideAugust 19, 2014 - 13:35 AMT PanARMENIAN.Net - Samsung Electronics Co Ltd said on Tuesday, Aug 19, it had acquired U.S. air conditioner distributor Quietside LLC as part of its push to strengthen its "smart home" business, Reuters reported. It is the South Korean firm's second such acquisition within a week after it said on Friday it had purchased SmartThings, a U.S.-based platform developer which builds apps that allow users to monitor, control and automate devices at home. So-called "smart homes" enable users to control multiple household appliances from a mobile device and are an area of increasing focus for technology companies like Samsung Electronics, the world's biggest maker of smartphones. A Samsung Electronics spokesman said the South Korean company acquired 100 percent of Quietside, but declined to elaborate on the price or other details. "Because air conditioning products are a necessity in all buildings, including homes and offices, this acquisition is expected to be of help to our future smart home business," Samsung Electronics said in a statement. Samsung Electronics aims to become the world's top home appliances maker by 2015, ahead of Whirlpool Corp. Quietside, which has around 500 stores in the United States, sells air conditioners for homes and offices. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Government reveals details from Pashinyan’s meeting in border village Prime Minister Nikol Pashinyan has met with a group of residents of a border village in Armenia’s northern Tavush province Narek Manasyan wins European Boxing Championships silver for Armenia Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28. Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia. Pashinyan, Blinken talk Armenia-U.S. ties over the phone Prime Minister Nikol Pashinyan had a phone conversation with US Secretary of State Antony Blinken on April 28, Pashinyan’s office reports. |