M&A Deal Summary

Harman International Industries Acquires Duran Audio BV

On October 17, 2013, Harman International Industries acquired electronics company Duran Audio BV

Acquisition Highlights
  • This is Harman International Industries’ 4th transaction in the Electronics sector.
  • This is Harman International Industries’ 1st transaction in the Netherlands.

M&A Deal Summary

Date 2013-10-17
Target Duran Audio BV
Sector Electronics
Buyer(s) Harman International Industries
Deal Type Add-on Acquisition

Target

Duran Audio BV

Zaltbommel, Netherlands
Founded in Zaltbommel, The Netherlands by Gerrit Duran in 1981, Duran Audio has earned a strong reputation for its AXYS range of professional audio products including loudspeakers, amplifiers, signal processors and network devices. Duran Audio pioneered modern loudspeaker “beam steering” and “beam shaping” which are essential to addressing demanding acoustic environments. The company has also established a leading position in audio solutions for European EN-54 safety applications and software technologies for audio design.

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Buyer(S) 1

Buyer

Harman International Industries

Stamford, Connecticut, United States

Category Company
Founded 1980
Sector Electronics
Employees24,197
Revenue 6.9B USD (2016)
DESCRIPTION
Entrance to a Harman retail store in New York City.
Entrance to a Harman retail store in New York City.

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.


DEAL STATS #
Overall 10 of 23
Sector: Electronics M&A 4 of 7
Type: Add-on Acquisition M&A Deals 10 of 20
Country: Netherlands M&A 1 of 1
Year: 2013 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-10 iOnRoad Technologies

Ramat Gan, Israel

iOnRoad improves driving in real-time using the power of modern computer vision algorithms and smart-phone cameras. The iOnRoad Android and iOS apps provide a range of personal driving assistance functions including augmented driving, collision warning and “black-box” like video recording and have generated close to a million downloads.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-21 AMX

Richardson, Texas, United States

AMX LLC provides hardware and software solutions that simplify the implementation, maintenance, and use of technology. AMX was formed in 1982 and is based in Richardson, Texas.

Buy $365M