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Tag: Hanwha


On The Editor's Desk

Samsung has new majority owner

December 10, 2014Martha Entwistle

Video surveillance provider Samsung Techwin has a new majority owner, Hanwha Group, a $34 billion conglomerate based in South Korea. The deal, announced Dec. 5 is "a stock transaction, not an acquisition," Samsung's senior marketing group manager Tom Cook said during a Dec. 8 conference call. Samsung Electronics announced Dec. 5 that it had entered into an agreement to sell its shares, which amount to a 32 percent stake in Samsung Techwin to Hanwha, which has expressed an interest in increasing...

Axis Communications, Hanwha, Samsung Electronics, Samsung Techwin, Tom Cook, video surveillance


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