Samsung buys Harman for 8 billion dollars

Samsung buys Harman for 8 billion dollars

Harman International Industries, a large company dealing in connected technologies for cars, audio systems and a infotainment, is now owned by Samsung. Oh-Hyun Kwon, CEO of Samsung Electronics, said that “Harman perfectly complements Samsung in terms of technologies, products and solutions, and joining forces is a natural extension of the automotive strategy we have been pursuing for some time”. This expensive deal may turn out to be a very beneficiary one for Samsung; the company has now access to such brands as Infinity, Revel, Lexicon, AKG, JBL and Harman Kardon. How will Samsung use its newly acquired work and brain-power is to be seen.eng –

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