Looking to build up its AI portfolio, Samsung Electronics said it is acquiring Spain's Zhilabs as it charts its transition to 5G wireless networks supporting Internet of Things devices with the Spanish company's AI-based network and service analytics. Terms of the acquisition were not disclosed. The South Korean electronics giant did say it would retain Zhilabs' executive team and that the wholly-owned unit would operate independently. The deal announced on Wednesday (Oct. The deployment of "5G will enable unprecedented services attributed to the generation of exponential data traffic, for which automated and intelligent network analytics tools are vital," said Youngky Kim, president of Samsung Electronics' networking business.