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Samsung Electronics is acquiring and Harman International Industries for $8 billion USD. Have officially entered into a definitive agreement under which Samsung will acquire Harman for $112.00 per share in cash, this transaction will immediately give Samsung a significant presence in the large and rapidly growing market for connected technologies. In particularly, this includes automotive electronics, which has been a strategic priority for Samsung, and is expected to grow to more than $100 billion by 2025. This acquisition also benefits audiophiles as Harman brands include JBL, Harman Kardon, Mark Levinson, AKG, Lexicon, Infinity, and Revel. Read More



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