Harman International, a subsidiary fully owned by Samsung buying Voice Company for MASIMO Health Technology Company for $ 350 million in cash. The deal is expected to be completed by the end of 2025, although it is still subject to regulatory approvals. Samsung He bought Harman International Once again in 2017 for $ 8 billion, although it allowed the company to work as an independent subsidiary. The brands include Harman JBL, Harman CardoneAKG, Mark Levinson, Arcam and Rival. If the acquisition is its duration, the MASIMO vocal brands will be added under Sound United to the list, including Bowers & Wilkinsand Debtand Marantz and Paul the sound.
It is not clear whether the purchase will lead to the demobilization of workers, but it seems that Harman is facing Sound United employees. "This integrated family of brands, built on a joint heritage of innovation and excellence in sound technology, was built as well as talented employees in both companies, to supplementary audio products, enhancing our value proposal and providing more options to consumers," Dave Rogers, head of the Harman Life Department, said.
As noted freedomSamsung Published A press release, where I spoke shortly about the history of the brands you get. Some of the most famous Bowers & Wilkins products, such as Nautilus Supeaker (in the above image) and Zeppelin wireless amplifierAnd also the history of Denon as early for the CD player. Harman had a 60 percent market share in mobile sound devices last year, and the company is looking to maintain this position with this purchase. "By combining MASIMO’s voice works, which are obtained this time, with the Lifestyle Harman Business section, the company plans to unify the first global position in the consumer sound market," Samsung said. Samsung also plans to apply new audio technologies for brands on smartphones, TVs, wireless ear headphones, sound tapes and other devices in the future.
This article originally appeared on Engadget on https://www.engadget.com/audio/samsung-is-paying-350-million-for-audio-rands-bowers-Wilkins-denon-arantz-and-polk-131514754.html?
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