Samsung to Buy Harman for $8 Billion in Bold Autos Gambit 

The audio company can trace its roots back to the 1950s, when Sidney Harman teamed with Bernard Kardon to make high-fidelity machines. The company would later acquire brands including JBL and Infinity, among other audio equipment makers, and become a leader in high-end car stereo systems. It also owns the Bang & Olufsen brand for cars after acquiring the business last year.

Source: Samsung to Buy Harman for $8 Billion in Bold Autos Gambit – Bloomberg

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