Samsung announces acquisition of u.s. company Harman for $8 billion

The South Korean Samsung announced on Monday (14) that will buy the American company Harman by $8 billion, an operation to enter the growing market for technology "connected".
The Board of Directors of the world''s largest manufacturer of mobile phones approved the acquisition, according to a statement from Samsung.
With this purchase, the most important to Samsung in terms of value, the company conquest a "significant presence" in the world of the connected instruments market in automobiles, including telematics.
"The complete Harman perfectly Samsung in terms of technology, products and solutions," said the South Korean Group Vice President Kwon Oh-Hyun.
The Harman is responsible for high-quality audio products and other onboard systems which offer an internet connection for automakers like General Motors and Fiat Chrysler.