Samsung Electronics Acquires TeleWorld Solutions
January 13, 2020
Samsung Electronics (through its U.S. arm) has acquired TeleWorld Solutions, a Chantilly, Virginia–based network services provider. The acquisition expands Samsung's U.S. network services and 5G capabilities—TeleWorld will operate as a wholly owned subsidiary of Samsung Electronics America with its leadership team remaining in place.
- Buyers
- Samsung Electronics Co., Ltd., Samsung Electronics America, Inc.
- Targets
- TeleWorld Solutions, Inc.
- Industry
- Telecommunications
- Location
- Virginia, United States
- Transaction Type
- Buyout
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