Harman International, a Samsung subsidiary, announced it is acquiring Masimo’s consumer audio division for $350 million in cash. “The deal is expected to finalized by the end of 2025, though it’s still subject to regulatory approvals,” notes Engadget. From the report: Samsung purchased Harman International back in 2017 for $8 billion, though it allowed the company to operate as an independent subsidiary. Harman’s brands include JBL, Harman Kardon, AKG, Mark Levinson, Arcam and Revel. If and when the acquisition pushes through, Masimo’s audio brands under Sound United will be added to the list, including Bowers & Wilkins, Denon, Marantz and Polk Audio. […]
As noted by The Verge, Samsung published a press release, where it briefly talked about the history of the brands it’s acquiring. It mentioned some of Bowers & Wilkins’ most iconic products, such as the Nautilus loudspeaker (pictured above) and its Zeppelin wireless speaker, as well as Denon’s history as an early adopter of the CD player. Harman had a 60 percent market share in portable audio devices last year, and the company is looking to maintain that position with this purchase. Samsung also plans to apply the new brands’ audio technologies to its smartphones, TVs, wireless earphones, soundbars and other devices in the future.
