Who owns Harman International? This question has intrigued many, especially given the company’s significant presence in the global audio and infotainment industry. Harman International, known for its innovative audio solutions, has been a subject of interest regarding its ownership structure and the influence it has on the market.
Harman International, Inc. is a leading manufacturer of high-quality audio products, including car audio systems, professional audio equipment, and luxury audio solutions. The company’s portfolio also includes brands like JBL, AKG, and Harman Kardon, which are renowned for their superior sound quality and technological advancements. With such a diverse range of products and services, it’s no surprise that the question of who owns Harman International is of great interest.
The answer to this question lies in the hands of Samsung Electronics Co., Ltd. In 2016, Samsung Electronics acquired Harman International for a staggering $8.2 billion. This acquisition was a strategic move for Samsung, as it aimed to strengthen its position in the automotive and infotainment markets. By acquiring Harman, Samsung gained access to a wide array of technologies and expertise that would help it compete with other major players in the industry.
The merger between Samsung and Harman International has been beneficial for both parties. For Samsung, it has provided a gateway to the automotive industry, where Harman’s expertise in in-car entertainment systems and connected car technologies has been invaluable. On the other hand, Harman International has gained access to Samsung’s vast resources, which have allowed the company to expand its product offerings and reach new markets.
The acquisition of Harman International by Samsung Electronics has also sparked discussions about the future of the audio industry. As one of the world’s largest technology companies, Samsung has the potential to influence the direction of the audio market. This has led to speculation about how Samsung’s ownership of Harman International might impact the competitive landscape and the availability of innovative audio products in the future.
In conclusion, the answer to the question “Who owns Harman International?” is Samsung Electronics Co., Ltd. This acquisition has marked a significant milestone in the audio industry, as it brings together two giants in their respective fields. The future of Harman International under Samsung’s ownership is sure to be an exciting journey, filled with new developments and advancements in the world of audio and infotainment.
