Samsung has announced that it has completed its $8 billion purchase of Harman International Industries, a connected automotive manufacturer. This acquisition is the company’s biggest yet.
Late last year, it was revealed that Samsung may be looking to acquire Harman International Industries , a connected automotive manufacturer for $8 billion at a price $112 per share. This move would grant the company considerable entry into the automotive industry.
Now, Samsung has announced that it has completed the purchase at the aforementioned price, making this the company’s biggest acquisition yet.
The Korean tech giant has announced it has received approval from stockholders and regulators in the US as well as other countries.
