Shareholders of HARMAN were not able to shake Samsung for more money as the chaebol has closed in on its purchase of the Connecticut-based audio company for $112 per share or about $7.8 billion. Samsung Electronics has wrapped up on its biggest acquisition in its history, taking in one of the FORTUNE 500.

HARMAN is made up of 30,000 employees working on the Harman Kardon, JBL, Lexicon, Mark Levinson and Infinity brands with focuses in mobile, home, automotive and industrial audio. Dinesh Paliwal retains his CEO position at the company.

Audio enhancements for the Galaxy S8 were rumored to be branded with the HARMAN name.

You May Also Like
Huawei P40 Pro+ vs iPhone 11 Pro Max
Samsung may provide almost 80% of the iPhone 12’s OLED displays
Samsung may still be the company to provide Apple with the most OLED panels with almost 80%, while the rest may be supplied by LG and BOE
OPPO Reno4
OPPO Reno4 official video teaser confirms triple rear camera setup
Earlier this month, an alleged OPPO Reno4 live image has appeared online.…
Galaxy Watch
Next Samsung Galaxy Watch could mark the return of physical rotating bezel
To recall, Samsung used a digital bezel for the Galaxy Watch Active series that used haptic feedback when using the bezel.