Samsung Electronics says unit Harman acquires Masimo's audio business for $350 million

Samsung adds Bowers & Wilkins, Denon, Marantz, and Polk to its audio empire

Samsung subsidiary Harman has agreed to acquire the audio business division of Masimo, taking ownership of audio brands like Bowers & Wilkins, Denon, and Polk Audio. The $350 million deal brings them under the same roof as JBL, Harman Kardon, Arcam, AKG, Mark Levinson, and Revel, which Samsung acquired back in 2016 with its $8 billion acquisition of Harman. The Masimo transaction is expected to close by the end of 2025, subject to regulatory app…

Samsung Electronics says unit Harman acquires Masimo's audio business for $350 million

SEOUL :Samsung Electronics said on Wednesday its unit Harman International signed a deal to acquire U.S. firm Masimo's audio business for $350 million. It plans to combine Masimo's audio business with Harman to strengthen its global leading position in the consumer audio market, which is expected to grow from

The dkorean electronics giant Samsung continues to expand its portfolio of audio products with a spectacular acquisition. Samsung Electronics is taking over the audio division of Masimo, to which brands such as Denon, Bowers & Wilkins and Marantz hüren. (Continue reading)

Samsung is also bringing several leading audio technology companies under its control. The Korean tech giant's subsidiary, Harman International, has already signed an agreement to buy Masimo's audio business, which includes several big-name and premium audio companies, including Bowers & Wilkins, Denon, and Polk Audio. The acquisition will make Samsung - which bought Harman back in 2016 for $8 billion - a major player in the audio segment.

Harman International Buys Sound United from Masimo - Residential Systems

Masimo Corporation has entered into a definitive agreement to sell its Sound United consumer audio business to Harman International, a wholly owned subsidiary of Samsung Electronics Co., Ltd., for an aggregate purchase price of $350 million in cash, subject to certain adjustments. The sale follows the previously announced review of Masimo’s consumer audio business and will support the company’s strategic focus on driving innovation in its core p…

The world of high-end audio has just experienced an unprecedented upheaval. The giant Samsung, through its subsidiary Harman, announced the acquisition of Masimo's audio unit for $350 million. This transaction allows the South Korean giant to seize in one shot an impressive portfolio of legendary brands that have shaped history.