Mooreland is an expert advisor in the Enterprise Communications and Mobile Broadband Technologies Ecosystem
NEW YORK – October 23, 2018 – Mooreland Partners, the leading independent investment bank providing M&A and private capital advisory services to the global technology industry, today announced that it acted as the exclusive financial advisor to Zhilabs S.L. on its sale to Samsung Electronics. The transaction was publicly announced on October 17, 2018.
Based in Barcelona, Spain, Zhilabs is a market leader in Artificial Intelligence (AI)-based network and service analytics solutions. The company’s’ products allow communications services providers and enterprises to gain an in-depth understanding of the customer experience from a network and data services perspective. Zhilabs’ software is used by a number of enterprises and telecommunications operators worldwide, managing the customer experience of millions of users.
The company will be integrated into Samsung’s Networks business, laying the foundation for Samsung to provide AI-based network analytics and automation offerings to finely tune customer experiences in the 5G era. Zhilabs was founded in 2008 and backed by Bullnet Capital, a Spanish technology-focused venture capital fund.
“The coming adoption of 5G will drive significant transformation in mobile communications and we believe this is just the beginning of increased activity in the mobile network operator and enterprise networking ecosystems. Outstanding technology can be acquired anywhere in the world and we are pleased to have delivered another high-value transcontinental outcome for one of our clients,” said Todd Feldman, Managing Director.