[Edaily Reporter Lee Jae-woon] Samsung Electronics (005930) is planning to acquire Core Photonix, a startup company in Israel, which is a multi-camera technology company.

According to foreign media 스포츠토토사이트and related industries on the 13th, Samsung Electronics is reportedly pushing for about $150 million (165 billion KRW) in acquisition of core Photonics' management control.

Core Photonics was established in 2012 by David Mendrovic, a professor at Tel Aviv University, the current CEO. It has many technologies such as optical zoom, low-light photography, and optical photography. It is heard that this relationship with Samsung first started through $15 million investment that Samsung Venture Investment and others participated in in January 2017 and has been working on technical cooperation since then.

The company filed a lawsuit against Apple in 2017 saying that iPhone 7 Plus and others used Korean patents without permission.

If the acquisition is confirmed, it will be recorded as Samsung Electronics' first M&A move in 2016. Samsung Electronics acquired K-Engine, which is an artificial intelligence search engine, and G-Rabs, which is a network quality management and evaluation company, last year.