With an aim to bolster its mobile cloud services, Samsung has acquired mobile cloud company PrinterOn for an undisclosed sum. As a result of the acquisition, the Ontario, Canada based company will continue to operate as wholly-owned subsidiary of Samsung Electronics Canada.
PrinterOn develops technology that allows users to print materials using their smartphones by connecting to printers through the Web. The company provides other solutions like high quality document rendering in multiple formats, multiple print submission and print job delivery methods, and key mobile operating system support.
“We are pleased to become part of Samsung Electronics Canada. This acquisition will allow PrinterOn solutions to be incorporated into the Samsung mobile ecosystem, enabling widespread adoption of PrinterOn’s unique technology and providing device agnostic mobility solutions for an increasingly mobile world.”
said Angus Cunningham, Chief Executive Officer and President of PrinterOn in an official release.
PrinterOn claims that its solutions have been used worldwide in over 120 countries at offices, hotels, universities and libraries. The company has printed more than 80 million pages since its inception in 2000. This latest acquisition from Samsung indicates the company’s effort to make its mark for Internet of Things. Last month, Samsung acquired home automation company SmartThings that brings internet to day to day devices.