Electronics Giant Samsung Cool Down

From television sets to refrigerators, they are known the world over for being an electronics giant, but now, South Korean company, Samsung Co LTD have announced that they are to add US air conditioning distributor, Quietside LLC, to their portfolio.

The South Korean company Samsung acquired the entire 100% of the company Quietside in a bid to branch out and make even more of an impact on the North American market.
Quietside, who have been established since the 90s, have been distributors of high quality HVAC (heating, ventilation and air conditioning) products to the USA and Canada.

Samsung have supplied Quietside with their range of moneysaving HVAC products since 1997. The company will even be able to distribute the Samsung DVMS system, which can be either indoor or outdoor and promises to provide top class energy efficiency. Now that Samsung have purchased Quietside, it will enable them to have a better access to the energy efficient range that Samsung have to offer. A huge investment will be made in the serving of North America, which will mean the opening up of more job vacancies to enable this to run successfully.

The founder of Quietside has expressed his happiness towards this new venture saying, “The acquisition of Quietside by Samsung provides a terrific benefit to our customers and employees…The rapid growth of our product categories in North America provides a great opportunity for us to scale our business rapidly to meet the needs of the market. The operational capabilities of Samsung and the strength of the Samsung brand will mean incredible opportunities for us all going forward.”

Samsung have expressed their view to become number one in regards to being the maker of home appliances worldwide, and they aim to achieve this by 2015. They seem to be succeeding as far as this dream is concerned as this is not the only acquisition that the electronics giant have made of late, as recently they also purchased SmartThings, an app developer whose apps are used to control a number of devices in the home.

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