Samsung Electronics says unit Harman acquires Masimo's audio business for $350 million

Samsung adds Bowers & Wilkins, Denon, Marantz, and Polk to its audio empire

Samsung subsidiary Harman has agreed to acquire the audio business division of Masimo, taking ownership of audio brands like Bowers & Wilkins, Denon, and Polk Audio. The $350 million deal brings them under the same roof as JBL, Harman Kardon, Arcam, AKG, Mark Levinson, and Revel, which Samsung acquired back in 2016 with its $8 billion acquisition of Harman. The Masimo transaction is expected to close by the end of 2025, subject to regulatory app…

Samsung Electronics says unit Harman acquires Masimo's audio business for $350 million

SEOUL :Samsung Electronics said on Wednesday its unit Harman International signed a deal to acquire U.S. firm Masimo's audio business for $350 million. It plans to combine Masimo's audio business with Harman to strengthen its global leading position in the consumer audio market, which is expected to grow from

Samsung is strengthening its presence in the audio segment. It was recently announced that Harman International, a subsidiary of Samsung, has acquired the Masimo audio business for $350 million. The deal is expected to close by the end of this year, subject to regulatory approvals. As a result of this acquisition, brands such as Bowers & Wilkins, Denon, Marantz and Polk Audio will be included in the... The post Samsung to Invest $350 Million in …

Samsung’s Harman acquires Bowers & Wilkins and Denon parent company

Samsung says it “plans to solidify its global No. 1 position in the consumer audio market” after its Harman subsidiary acquired the consumer audio division of Masimo. Harman/Samsung now owns audio brands Bowers & Wilkins, Denon, Polk Audio, Marantz and others – in exchange for roughly $350 million in cash. Those brands will now sit […] The post is from Music Ally.

Samsung's HARMAN Acquiring Masimo's Sound United

Samsung’s HARMAN has announced an agreement to purchase Masimo Corporation’s Sound United consumer audio business for $350 million. Masimo is primarily a medical technology company, but it’s Sound United business has been home to several consumer audio brands. Masimo, is unsurprisingly, divesting itself of Sound United in an effort to better focus on its healthcare technology products. “Since I took over as CEO, a key objective has been refocusi…

Samsung's Harman Announces $350M Sound United Acquisition

A pair of headphones from Bowers & Wilkins, one of the Sound United brands that’s set to become part of Samsung’s Harman International thanks to a newly announced acqusition agreement. Photo Credit: Evgeniy Bezkorovayniy A little over three years after acquiring Sound United, medical tech company Masimo Corporation is offloading its consumer audio unit in a $350 million deal with Samsung’s Harman International. Irvine-headquartered Masimo, havin…