Deep Tide TechFlow news. On April 15, according to CNBC, investment firm KKR announced that it has reached a final agreement with Samsung SDS, a blockchain and IT financial services provider under Samsung, to acquire the latter’s newly issued convertible bonds with a value of 1.22 trillion Korean won (about $820 million).



Samsung SDS launched digital transformation experience services in 2020, including a blockchain platform, and jointly developed blockchain-technology-driven certificate services with Shinhan Bank. In addition, it serves as a technical advisor for the CBDC pilot program led by the Bank of Korea. It is understood that KKR will provide advisory services to Samsung SDS in areas including mergers and acquisitions, capital allocation, artificial intelligence products, and global expansion, as well as accelerate the construction of AI infrastructure.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin