Samsung Electronics To Acquire Harman International For Approximately $8.0 Billion
THE HANS INDIA | Nov 19,2016 , 02:29 PM ISThis Deal Will Combine The Expertise Of Harman's In-Car Infotainment, Telematics And Sound Management With Samsung's Prowess In Connected Mobility Solutions, User Experience And Displays.South Korean electronics giant Samsung has announced in an official release that it will acquire the US-based Harman International Industries for $112.00 per share in cash, or total equity value of approximately $8.0 billion.All the subsidiaries of Harman International will be acquired by Samsung Electronics.
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That's Infotainment: Samsung Snaps Up Harman

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Samsung snagging Harman lifts auto-parts stocks such as Visteon, Transport
Samsung Electronics Co's US$8 billion deal to buy Harman International Industries Inc helped breathe some life into a few moribund auto stocks, especially Visteon Corp, as investors speculate that there could be a buying spree of companies that make technology for self-driving cars.[SOUTHFIELD, Michigan] Samsung Electronics Co's US$8 billion deal to buy Harman International Industries Inc helped breathe some life into a few moribund auto stocks, especially Visteon Corp, as investors speculate that there could be a buying spree of companies that make technology for self-driving cars.Visteon's shares have surged about 16 per cent this week after falling 39 per cent this year through Nov 11, the last trading day before Samsung announced the Harman deal.
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