Samsung acquires Harman - manufacturer of automotive multimedia systems

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POSTER: computer news   ||   SAMSUNG ACQUIRES HARMAN - MANUFACTURER OF AUTOMOTIVE MULTIMEDIA SYSTEMS	DATE:2016-11-15
Harman International Industries automotive electronics company, which began its history in the fifties of the last century with the segment home audio-class high-end, today is one of the major players in the automotive electronics segment.  Now 65% of revenue Harman gets  from the sale of media and telemetry systems for cars.  The products of the brand used by more than 30 million. Vehicles.  Harman also owns brands JBL, Infinity and Bang & Olufsen. Samsung is the largest acquisition of overseas assets in the history of the company.  The Korean giant has to pay for Harman approximately $ 8 billion. The premium to the current rate of Harman shares, which grew by more expectations on Monday, will be 28%.  It is expected that the negotiations for the acquisition of Samsung manufacturer of components for Fiat Chrysler cars have failed, and now Samsung prefers to invest not in the production of spare parts, and in the multimedia and telecommunications technologies used in the cars.  Samsung representatives emphasize that the company does not deal directly with the issue of cars desires, but to take a place on the market "cars with a connection to a global network," she's ready.  Experts believe that Samsung wants to be protected from the effects of the recession in the smartphone market and its recent failure with the release of Galaxy Note 7, being connected to the release of the automotive electronics. Related Products :

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