Notebookcheck
, , , , , ,
search relation.
, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
 

Harman finally joins Samsung

Samsung - Harman Kardon deal has been closed, Harman Kardon now part of Samsung Electronics
Samsung acquired Harman Kardon
Harman International Industries is now a part of Samsung Electronics, its many audio brands remaining on the market while the company begins to operate as a Samsung subsidiary. Harman gets to keep its workforce, headquarters, and facilities.
Codrut Nistor,
, , , , , ,
search relation.
, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
 

At the end of last week, Samsung Electronics announced that the acquisition of Harman International Industries has finally met all the conditions needed to be complete. According to the official press release, Harman stockholders will receive $112 USD per share in cash, as previously revealed.

Harman's president and CEO Dinesh Paliwal thinks that "Samsung provides HARMAN with the scale, platform and complementary technologies to accelerate growth and extend our global market leadership in automotive, smart audio and connected technologies." He also revealed that Samsung and Harman aim to work closely with automakers and other companies to "define – and drive – the future of automotive."

All the premium audio brands owned by Harman are now owned by Samsung as well, including AKG, JBL, Mark Levinson, and others. Harman will be delisted from the New York Stock Exchange starting today, continuing to operate as a standalone Samsung subsidiary. The company's workforce, headquarters, and facilities remain intact, next to its consumer and professional audio brands.

+ Show Press Release
static version load dynamic
Loading Comments
Comment on this article
, , , , , ,
search relation.
, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
 
Codrut Nistor
Codrut Nistor - Senior Tech Writer - 5438 articles published on Notebookcheck since 2013
In my early school days, I hated writing and having to make up stories. A decade later, I started to enjoy it. Since then, I published a few offline articles and then I moved to the online space, where I contributed to major websites that are still present online as of 2021 such as Softpedia, Brothersoft, Download3000, but I also wrote for multiple blogs that have disappeared over the years. I've been riding with the Notebookcheck crew since 2013 and I am not planning to leave it anytime soon. In love with good mechanical keyboards, vinyl and tape sound, but also smartphones, streaming services, and digital art.
Please share our article, every link counts!
> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2017 03 > Harman finally joins Samsung
Codrut Nistor, 2017-03-13 (Update: 2017-03-13)