Samsung buys RCS business from NewNet Communication Technologies

MISSISSAUGA - Samsung Electronics is acquiring NewNet Communication Technologies (Canada), Inc., a company operating Rich Communications Services (RCS) business within NewNet Communication Technologies. Financial terms of the deal were not disclosed.Previously known as NewPace prior to its acquisition by NewNet Communication Technologies, the company is a provider of RCS infrastructure and services.As an end-to-end GSMA-compliant RCS solution, the acquisition will accelerate the deployment of RCS-enabled networks, providing consumers with a ubiquitous standards-based messaging and communications platform, reads Tuesday’s news release. The move will also enable Samsung to offer interoperable server solutions for mobile operators that do not already have their...