Samsung forges ahead, snaps up Harman tech group for $8 billion

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It’s another day of big tech mergers as Samsung has announced their acquisition of Harman for $8 billion. If you’re thinking “Harman/Kardon, that stereo equipment company” you’re right… mostly. But in recent years, Harman has branched out from making high-powered audio gear into the automotive sector. If you have a modern car, something they make is probably working behind the scenes to help you drive.

Harman has also been on an a buying binge of their own as of late, snapping up JBL, Revel, Infinity, and other brands you see show up in luxury cars and luxury homes. But perhaps their biggest venture has been their least publicized: developing autonomous and connected vehicle technologies, also known as telematics. And that is probably the tech Samsung wanted most. We just hope the monster H/K amps and receivers keep rolling off the assembly lines as well.

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2 COMMENTS

  1. NOOOOOOO! WHY HARMAN WHY!? Well maybe this will mean that they'll have more money to develop better audio products, I just hope my JBL speakers don't start exploding all of a sudden…

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