Divestiture • Electronics

Harman International Industries Acquires ZF s Advanced Driver Assistance Systems Business

On December 23, 2025, Harman International Industries acquired electronics company ZF s Advanced Driver Assistance Systems Business from ZF Friedrichshafen AG for 1.5B USD

Acquisition Context
  • This is Harman International Industries’ 8th transaction in the Electronics sector.
  • This is Harman International Industries’ largest (disclosed) transaction.
  • This is Harman International Industries’ 3rd transaction in Germany.

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M&A Deal Summary

Date December 23, 2025
Target ZF s Advanced Driver Assistance Systems Business
Sector Electronics
Buyer(s) Harman International Industries
Sellers(s) ZF Friedrichshafen AG
Deal Type Divestiture
Deal Value 1.5B USD

Target Company

ZF s Advanced Driver Assistance Systems Business

Friedrichshafen, Germany
ZF's Advanced Driver Assistance Systems (ADAS) Business delivers turnkey driver assistance and automated driving solutions for all vehicle classes. It offers smart cameras, scalable ProAI computing units, and modular software for ADAS and parking functions tailored for software-defined vehicles and centralized E/E architectures.
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Buyer Overview 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 Context for Buyer #
Overall 24 of 24
Sector: Electronics 8 of 8
Type: Divestiture 4 of 4
Country: Germany 3 of 3
Year: 2025 3 of 3
Size (of disclosed) 1 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-08-21 HARMAN - Digital Transformation Solutions Business Unit

Stamford, Connecticut, United States

HARMAN's Digital Transformation Solutions (DTS) Business Unit is a physical and digital to make technology more dynamic to serve the ever-changing human needs. Compliant and certified with international standard/ management system EN 9100:2018 / AS9100D, ISO 9001:2015, ISO 27001:2013, ISO 13485:2016 and appraised at CMMI-DEV 2.0 ML5, HARMAN partners with our customers to deliver a holistic experience – through the convergence of digital, cross channel user experience, cloud, mobility, insightful data and internet-of-things backed by scalable underlying IT platforms.

Sell -

Seller Profile 1

SELLER

ZF Friedrichshafen AG

Friedrichshafen, Germany

Category Company
Founded 1915
Sector Automotive
DESCRIPTION

ZF Friedrichshafen AG provides driveline and chassis technologies.


Deal Context for Seller #
Overall 2 of 2
Sector: Electronics 1 of 1
Type: Divestiture 2 of 2
Country: Germany 2 of 2
Year: 2025 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-14 Apex.AI

Palo Alto, California, United States

Apex.AI is a developer of safe, certified, developer-friendly, and scalable software for mobility systems. Apex.AI's flagship product is Apex.OS, a robust and reliable meta-operating system that enables faster and easier software development for vehicles and safer autonomous driving solutions. Apex.AI's software development kit targets two main customer groups, the OEM developers who need to implement complex AI software integrated with the entire vehicle, and the autonomous driving developers who can now implement safety-critical applications with ease and reliability. Apex.AI is based in Palo Alto, California.

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