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Zigbang Completes Acquisition of Home IoT Business from Samsung SDS

Zigbang Completes Acquisition of Home IoT Business from Samsung SDS

SEOUL, July 29 (Korea Bizwire) — South Korea’s app-based home-finding platform Zigbang Co. has completed its acquisition of Samsung SDS Co’s home internet of things (IoT) division. The company announced on Thursday that it took over home IoT business-related intellectual property rights and business rights for major sales, production and contracts from the Korean and [...]

S. Korea’s SD Biosensor Agrees to Acquire Meridian Bioscience of U.S. for 2 tln Won

S. Korea’s SD Biosensor Agrees to Acquire Meridian Bioscience of U.S. for 2 tln Won

SEOUL, July 8 (Korea Bizwire) — SD Biosensor Inc., a South Korean developer of COVID-19 test kits, said Friday it will acquire U.S. diagnostic kit maker Meridian Bioscience Inc. for about 2 trillion won (US$1.53 billion) in an effort to bolster its overseas operations. Through a consortium formed with SJL Partners LLC, a private equity [...]