Infotainment and TelematicsInfotainment and Telematics

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Author: Roger Lanctot
Co Author: Ian Riches
Publication Date: Nov 14 2016
Pages: 5
Report Type: Insight, Word
Infotainment and Telematics

Samsung to Acquire Harman: Infotainment and Wireless on a Collision Course Towards Further Acquisitions

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Report Summary:

On 14th November 2016, Samsung Electronics announced that it had entered into a definitive agreement to acquire Harman International Industries for approximately $8B in cash.  The move reflects Samsung’s desire to tap into growth opportunities in the connected car business in the midst of peaking and increasingly unprofitable smartphone sales.

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