Harman International Industries Archives

Shareholders of Harman to Vote on Acquisition Deal by Samsung This Week

SEOUL, Feb. 13 (Korea Bizwire) – Shareholders of Harman International Industries Inc. will hold a meeting later this week to vote on a deal by Samsung Electronics Co. to acquire the U.S. car technology firm, according to industry sources Monday. In a deal worth US$8 billion, Samsung announced last November that it would buy Harman [...]

Samsung Acquires U.S. Automotive Electronics Firm Harman for $8 Bln

SEOUL, Nov. 14 (Korea Bizwire) – Samsung Electronics Co. said Monday it has signed an agreement to acquire U.S. automotive electronics firm Harman International Industries Inc. for about US$8 billion. With the deal, Samsung will secure “a significant presence in the large and rapidly growing market for connected technologies, particularly automotive electronics, which has been [...]