Samsung will acquire hi-fi and Dear Utol (2025): Catfish Episode 46connected car company Harman for approximately $8 billion.
SEE ALSO: Samsung's Siri killer to debut on the Galaxy S8The Korean conglomerate announced on Monday that it's buying Harman for $112.00 per share in cash.
Harman sells professional and hi-fi audio products under a number of brands, including Harman Kardon, JBL and AKG Acoustics, including some hi-end brands such as Mark Levinson.
But Samsung is likely more interested in Harman's connected car tech. According to a press release by Samsung, Harman's connected car and audio systems can be found in more than 30 million vehicles, making Harman the leader in this space.
Samsung expects the connected technologies market to grow to more than $100 billion by 2025.
“The vehicle of tomorrow will be transformed by smart technology and connectivity in the same way that simple feature phones have become sophisticated smart devices over the past decade,” Young Sohn, President and Chief Strategy Officer of Samsung Electronics, said in a statement.
Samsung hasn't really had a product that could compete with Apple's CarPlay or Android Auto.
In Sep. 2015, it launched Car Mode for Galaxy, a special car-friendly mode of operation for its smartphones. The acquisition of Harman will give it far steadier footing in this space.
And Samsung will benefit beyond connected cars. It plans to tap into Harman's plethora of hi-fi brands to enhance its own products, so don't be surprised if you see a Galaxy phone with built-in Harman Kardon speakers in the near future.
Topics Samsung
Previous：Best Hydro Flask deal: Save $10 on a 24
Next：Big-League Bluster
The Best Gaming Concept Art of 2016
It’s Time to Formulate an Opinion on Rauschenberg (Everyone’s Doing It)
Got your Spotify Wrapped for 2022? Treat it like a shopping list and support artists directly.
Beyond This Point You May Encounter Nude Sunbathers
How to Squeeze the Most Out of Your iPhone's Battery
Samsung Black Friday TV deals 2023: $1,000 off 85
A Pink Guggenheim? Frank Lloyd Wright Nearly Made It So
All the best Black Friday deals on Sony headphones and earbuds
How to Reboot and Reset Android Devices
China's COVID
Seven Steam games whose reviews have changed a lot
Et tu, Spotify? The 13 best tweets from Wrapped week
A Note from Our Editor
New and Novel Uses for Paper
Amazon Big Spring Sale 2025: Save $170 on Dyson Hot+Cool
Who But the Sun? For the Solstice, Baudelaire Salutes That Ball of Gas
Once I Had This Dream: Gretchen Scherer’s Crumbling Chateaux
Once I Had This Dream: Gretchen Scherer’s Crumbling Chateaux
TikTok ban looms in U.S. Here's the latest.
NYT's The Mini crossword answers for November 13
Brad Pitt movie roles ranked by his viability as a husbandAtlanta rapper killed in fatal car crashClive Owen returns as The Driver in followHow to keep your Google Allo messages secure and privateBernie Sanders sparked the idea for 'Survivor: Millennials Vs. GenThe $30 bag from Singapore Maisie Williams carried to the Emmy's promptly sells out onlineNYC bombing suspect charged with using 'weapon of mass destruction'Google launches Allo, its AITinder's new iMessage app will let you swipe while you chatRob Kardashian pulls off platinum blonde as well as his sisters7 moments from 'This Is Us' that will make your heart swellmacOS Sierra has more of everything you love, just with a different nameSecluded library retreat is a book lover's dreamLondon police officer has epic dance off with person in giant pig costumeLondoners wait in line for hours to get a taste of InLondon police officer has epic dance off with person in giant pig costumeNetflix says it knows exactly when you get hooked on its showsXiaomi finally brings its Mi Ecosystem to India with Mi Air Purifier 2Adorable baby girl can't get enough of absurdly large teddy bear from grandpaDon King uses N How Muslim cosplayers are cleverly using their hijabs as part of their outfits Ok, so what's the deal with Beyoncé's twins? A ranking of the rumors. Carrefour drops dog meat from China stores, 5 years after it said it would 7 old shows we're watching right away on Peacock We can finally see inside the VIP world of Tinder Select and it's... meh? Why we won't be eating insects to prevent climate change Trump takes credit for a 2018 cyberattack on Russia Zoom announces 27 Amazon is rolling out shopping carts that know what you're buying Twitter's panicked response to the bitcoin scam locked out many users Revolut brings crypto trading to U.S. customers How to remove titles from your 'Continue Watching' Netflix queue Apple: Privacy cover for your MacBook camera can damage the display Why the U.S. heat wave will be long and persistent 'Louie' the 132 Someone trolled a GOP Senator by signing him up for Nickelback newsletters Leaked audio reveals Australia's prime minister mocking Trump at gala dinner Elon Musk shares render of Berlin Gigafactory, it's very pretty The late Adam West remembered with a Bat Seniors recreating famous album covers is your perfect lockdown escape
2.2381s , 8195.7421875 kb
Copyright © 2025 Powered by 【Dear Utol (2025): Catfish Episode 46】,New Knowledge Information Network