Tuesday 15 November 2016

Samsung Electronics Buys Auto-Systems Maker Harman For USD 8 Billion

Samsung Electronics Buys Auto-Systems Maker Harman For USD 8 Billion, South Korean company Samsung Electronics to acquire auto-systems maker Harman International Industries for USD 8 billion. It would be the Samsung’s biggest ever acquisition.. Samsung will pay USD 112.00 per share in cash for the Stamford, Connecticut-based company.

Recent Samsung Electronics Acquisitions:
♦ The company had bought Viv Labs last month and recently bought a cloud service company, a mobile payments firm and a connected home startup.
Samsung Electronics Limited :
♦ Headquarters: Suwon
♦ Founder: Lee Byung-chul

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