Samsung takes Harman for $ 8 billion

Nov

14

2016

week starts for Samsung with a takeover. $ 8 billion, the South Koreans are ready to put Harman on the table for the company, making a big leap into the networked world, with a particular focus on vehicle electronics. Harman is very well positioned in this area, with networking and audio technology in 30 million vehicles. Around 65 percent of sales in the past twelve months were achieved at Harman in the vehicle sector. The experience of Harman as well as the good acceptance with the automotive manufacturers should ensure growth and also incorporate Samsung expertise.

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