Samsung buys Harman for $8 billion

Samsung has announced that it has acquired Harman, the company behind over 20 brands including audio companies AKG, JBL and Harman/Kardon, as well as a suite of connected car technologies.

Although you’re probably more familiar with Harman for their audio brands, the company earns around two thirds of its revenues from automotive-related segments where it produces telematics, security and ’embedded infotainment’ solutions.

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