Samsung's acquisition of Masimo's Sound United through its Harman subsidiary marks a strategic move to bolster its presence in the consumer audio market. The deal, worth $350 million, includes well-known audio brands such as Denon and Bowers & Wilkins, further expanding Harman's portfolio. This is pivotal as the global consumer audio market is projected to increase significantly, presenting Samsung with a chance to solidify its market leadership. The acquisition is pending regulatory approval and is expected to finalize by the end of the year.
Samsung's Harman subsidiary is expanding its reach by acquiring Masimo's Sound United, which will enhance its positions in consumer audio through brands like Denon and Bowers & Wilkins.
This acquisition, valued at $350 million, will potentially strengthen Harman's lifestyle division, positioning it as a leader in the rapidly growing global consumer audio market.
Collection
[
|
...
]