Harman International Industries - M&A Summary, Ownership, and Business Overview

ElectronicsCompany

Harman International Industries M&A Summary

Harman International Industries has acquired 21 companies of its own, including 5 in the last 5 years. A total of 3 acquisitions came from private equity firms. It has also divested 1 asset.

Harman International Industries’ largest acquisition to date was in 2015, when it acquired Symphony Teleca for $780M. It’s largest disclosed sale occurred in 2010, when it sold QNX Software Systems to BlackBerry for $200M. Harman International Industries has acquired in 7 different US states, and 8 countries. The Company’s most targeted sectors include software (29%) and electronics (29%).

Harman International Industries Ownership

Who owns Harman International Industries?

Harman International Industries is owned by Samsung Electronics. It was acquired on November 14, 2016.

Harman International Industries Business Overview

Where is Harman International Industries headquartered?

Harman International Industries is headquartered in Stamford, Connecticut.

What is Harman International Industries’ revenue?

Harman International Industries disclosed revenue of 6,912M USD for 2016 and 6,155M USD for 2015.

How many employees does Harman International Industries have?

Harman International Industries has 24,197 employees.

What sector is Harman International Industries in?

Harman International Industries is an electronics company.

When was Harman International Industries founded?

Harman International Industries was founded in 1980.

M&A Summary

  • M&A Total Activity22
    • M&A Buy Activity21
    • M&A Sell Activity1
  • Total Sectors Invested 8
  • Total Countries Invested 8
  • M&A Buy/Sell Connections 5

Harman International Industries, Inc.

400 Atlantic Street, Suite 1500,
Stamford, Connecticut 06901
United States,
(203) 328-3500
www.harman.com

Harman International Industries, Inc. is a designer, manufacturer and marketer of audio and infotainment products for the automotive, consumer and professional markets. Its brands include Harman Kardon, JBL, Revel, Mark Levinson, Infinity, Lexicon, Soundcraft-Studer, AKG, Becker and QNX. Harman International Industries, Inc. was formed in 1980 and is based in Stamford, Connecticut.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.0/yr) # 16 - 1 2 2 - 21
vol $1.6B $1.6B
Sell (0.0/yr) # 1 - - - - - 1
vol $200M $200M
  22

Most Recent M&A

Company Date Value Type
Flux Software Engineering 2023-12-11 - Add-on Acquisition
Meung-sur-Loire, France · www.flux.audio
Roon Labs 2023-11-27 - Add-on Acquisition
Bedford, New York · www.roon.app
Caaresys 2022-09-06 - Add-on Acquisition
Netanya, Israel · www.caaresys.com
Apostera GmbH 2022-02-10 - Add-on Acquisition
Unterföhring, Germany · www.apostera.com
Savaria Corp. 2021-02-26 - Add-on Acquisition
Laval, Quebec · www.savaria.com
TowerSec, Inc. 2016-01-05 - Add-on Acquisition
Ann Arbor, Michigan · www.tower-sec.com
Bang & Olufsen - Automotive Audio Business 2015-03-31 - Divestiture
Struer, Denmark
Symphony Teleca Corp. 2015-01-22 780M USD Add-on Acquisition
Mountain View, California · www.symphonyteleca.com
Red Bend Software, Inc. 2015-01-22 170M USD Add-on Acquisition
Waltham, Massachusetts · www.redbend.com
Yurbuds LLC 2014-06-17 - Add-on Acquisition
St Louis, Missouri · www.yurbuds.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Savaria Corp. 2021-02-26 Matot - Dumbwaiter and Material Lift Assets 2024-04-08 1
Laval, Quebec · www.savaria.com Bellwood, Illinois

M&A by Sector

Sector Buy # Value Sell # Value
Software 6 (29%) 673M (41%) 1 (100%) 200M (100%)
Electronics 6 (29%) 60M (4%) - -
Information Technology 2 (10%) - - -
Internet Software and Services 2 (10%) 780M (48%) - -
Technology Hardware 2 (10%) - - -
Digital Media 1 (5%) - - -
Electrical Equipment 1 (5%) 124M (8%) - -
Machinery 1 (5%) - - -
Total 21 $1.6B 1 $200M

By Geo

State/Country Buy Value Sell Value
United States 9 1.3B - -
  California 3 780M - -
  Texas 1 365M - -
  New York 1 - - -
  Missouri 1 - - -
  Michigan 1 - - -
  Massachusetts 1 170M - -
  Indiana 1 - - -
Canada 3 138M 1 200M
  Ontario 1 138M 1 200M
  Quebec 1 - - -
  British Columbia 1 - - -
Denmark 2 124M - -
Germany 2 60M - -
Israel 2 - - -
France 1 - - -
India 1 - - -
Netherlands 1 - - -
Domestic 9 (43%) 1.3B (80%) - -
Cross-border 12 (57%) 322M (20%) 1 (100%) 200M (100%)
Total 21 $1.6B 1 $200M

Deal Values

buy # Total
$100M to $1B 5 $1.6B
< $100M 1 $60M
TOTAL $1.6B
Largest Symphony Teleca Corp.
$780M (2015-01-22)
sell # Total
$100M to $1B 1 $200M
TOTAL $200M
Largest QNX Software Systems Ltd.
$200M (2010-04-09)

M&A Connections

Deals
Acquired from
Investor(s)
14%
3 (14%)
Strategic(s)
5%
1 (5%)
Divested to
Strategic(s)
100%
1 (100%)

Company Summary

SECTOR

Electronics

Revenue

6,912   13% 2016
6,155   16% 2015
5,348   25% 2014
4,297   2013
(millions of USD) Show More Show Less

Employees

24,197

Established

1980

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