Samsung acquires Tachyon
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Samsung has taken a big hit in the mobile sector this year due to the incredible failure of the Galaxy Note 7, but they are moving on. This time, they have chosen to go for another corporate acquisition, and the chosen target is a US-based startup that has been already working with Samsung for a while. Dubbed Tachyon, this company specializes in mobile device configuration and security for businesses.
Tachyon is based in Reston, Virginia, and was already working with Samsung to help the secure configuration of third-party apps on the company's devices even when the third-party apps did not come with APIs to help with the process. The technology used is built to work with all Android-powered devices, but since Tachyon is now a part of Samsung, the handsets of the tech giant will remain the only ones to take advantage of it.
The financial terms of the deal have not been disclosed. However, it is known that Kaprica, Tachyon's parent company, will continue as a "Gold Level" partner for Samsung.