11-14-2016, 07:58 AM
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Guest
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Join Date: Jan 2011
Location: Colorado
Posts: 961
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Samsung to buy Harman for $8B
Wow.
Quote:
It may not be the deal of the decade, but it's still mighty big. Samsung, which has recently been battling the reputational damage caused by its exploding Galaxy Note 7 smartphones, has announced this morning that it is taking over US audio giant Harman International.
Harman, which owns brands including Harman Kardon, AKG, JBL, Mark Levinson, Revel, Infinity and Lexicon, also has a strong presence in the automotive audio market, providing in-car systems for the likes of BMW and Lexus. Harman also recently bought Bang & Olufsen's in-car division for $145m.
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Samsung to buy Harman for $8B
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