Samsung Electronics to Acquire Harman International Industries

Harman’s current management was looking for an exit, getting richer while doing it. The detachment between Harman International Industries’ recent strategies and asian manufacturing focus with the company’s brands and market foundation in the United States and Europe was becoming increasingly visible. The acquisition by Samsung confirms the perspective. Follows the source statement without further comment.

More international trade visitors, more international media, visitors excited by the variety of innovation, positive mood across the board. That’s how the organisers of IFA Berlin, one of the largest trade shows for consumer electronics and home appliances, describe the 2016 edition, which took place at the Berlin Exhibition Grounds (ExpoCenter City). New audio products were front and centre at this year’s event.

At the Mobile World Congress 2016, Harman International promoted their new connected car ecosystem with a new service provider program which allows automakers to provide a wide range of new vehicle-centric services over Harman’s new Service Delivery Platform. Harman also announced the launch of its new Harman Kardon Onyx Studio 3 portable Bluetooth speaker.