Samsung to acquire the owner of Bowers & Wilkins, Denon, Boston Acoustics and others | Infinium-tech
Samsung acquired Harman in 2017, which gave it control over popular audio gear brands such as Harman Kardan, AKG, Bang and Olufasen, JBL and. Many othersThese brands make headphones, home audio equipment and car audio, which has vested interests of Samsung. Now Samsung is expanding its domain as its Harman Assistant is ready to acquire Masimo’s Sound United.
In recent years, Sound United had acquired Denon, Bover and Wilkins, Boston’s sound and choice of choice OtherBoston sounds are behind the OEM sound equipment for many popular car models.
The old Galaxy Buds had a “sound” by AKG, but it was removed for the Galaxy Buds 3 generation. Will one of the new brands take over? We have to wait to find out this.
The deal is subject to regulatory approval as usual, but it is expected to close by the end of the year. Samsung has signed a $ 350 million contract for acquisition.
This is expected to develop Harman’s lifestyle business division and cement it globally for consumer audio. The Global Consumer Audio market has increased from $ 60.8 billion to $ 70 billion this year in 2029, Samsung has written in its press release.
If PS seems to be familiar with Masimo, but you can’t give it a place, then this is the company that is locked in a patent fight with Apple on the health tracking technique on Apple Watch.
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