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Wireless

Samsung closes Harman acquisition

Monday 13 March 2017 | 09:02 CET | News
Samsung Electronics has completed its acquisition of Harman International Industries for USD 112.0 per share in cash, or a total of USD 8.0 billion. The closing follows the satisfaction of all conditions, including approval by Harman shareholders and from US and certain foreign jurisdictions. Samsung noted the "historic moment" and said the two companies will define -and drive- the future of automotive.

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Categories: Mobile & Wireless
Companies: Harman / Harman International / Samsung
Countries: World
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