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Harman acquires Bang & Olufsen AutomotiveMay 29, 2015
Harman Industrial Industries, a supplier of infotainment, audio and software services, said today it has completed the $156 million acquisition of Bang & Olufsen Automotive, a supplier of audio products to luxury automakers.
High-volume battle of the in-car audio brandsApril 20, 2015
On March 26, Bose Corp. said its 34-speaker Panaray system will appear in the 2016 Cadillac CT6 sedan. Five days later, rival Harman International Industries Inc. counterpunched, saying it would pay $154 million to acquire Bang & Olufsen. The dueling announcements threw into sharp relief the different strategies of the two leading companies in branded automotive audio.
Bang & Olufsen to sell car-audio unit to HarmanMarch 31, 2015
Bang & Olufsen A/S plans to sell its automotive sound-system business to Harman International Industries Inc., the US maker of JBL audio equipment, as the Danish company reorganizes to focus on consumer electronics.