Samsung Electronics Completes Acquisition of HARMAN

Discussion in 'Frontpage news' started by Hilbert Hagedoorn, Mar 13, 2017.

  1. Hilbert Hagedoorn

    Hilbert Hagedoorn Don Vito Corleone Staff Member

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    Samsung has completed the previously announced acquisition of Harman (for almost 7.5 billion euros). The completion follows the satisfaction of all conditions to the closing of the transaction, includ...

    Samsung Electronics Completes Acquisition of HARMAN
     
  2. Relayer

    Relayer Member

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    Sorry if this is a stupid question but is this Harman international? With brands like JBL and Mark Levinson?
     
  3. rl66

    rl66 Ancient Guru

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    it is... sadly.
     
  4. SetsunaFZero

    SetsunaFZero Active Member

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    Most people don't even know how much brands Harman has.

    AKG Acoustics - microphone/headphones
    AMX - video switching and control devices
    Bang & Olufsen Automotive
    Becker - car infotainment
    BSS Audio - signal processing
    Crown International - pro amplifiers
    dbx Professional Products - signal processors
    DigiTech - guitar products
    HardWire - guitar pedals
    HiQnet - audio digital network, based on Ethernet
    harman/kardon - home/car audio
    Infinity - home/car speakers
    JBL - home/car speakers & amplifiers, professional speakers
    Lexicon - digital processing
    Mark Levinson Audio Systems - home/car audio
    Martin Professional - stage and architectural lighting and effects fixtures
    Revel - home/car speakers
    Selenium - home, car and professional speakers, amplifiers, sound tables/mixers
    S1nn GmbH & Co.
    Soundcraft - mixing consoles
    Studer - mixing consoles
     

  5. vbetts

    vbetts Don Vincenzo Staff Member

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    There goes quality.
     
  6. TheDeeGee

    TheDeeGee Ancient Guru

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    I currently own a AKG K601, i hope that design will not be ditched.
     
  7. maize1951

    maize1951 Master Guru

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    WOW! More exploding products!
     
  8. Fyew-jit-tiv

    Fyew-jit-tiv Master Guru

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    Complete BS. AKG, B.O, SOUNDCRAFT, JBL have been and still are great maufactures who have supported the Audio industry with outstanding audio hardware for years and along comes Samsunk (not a spelling error) **** it all up. so disapointed with this news.
     
  9. Ourasi

    Ourasi Master Guru

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    Most of them, if not all, will probable still continue as before, with Samsungs big pockets as a safty net, while dead weight get the axe. Just imagine the patent&tech portfolio Samsung now can dive into without license fees, and Samsung tech&hardware&fabs these brands now can pick and choose from, well spent billions for Samsung, and probably better for customers and these brands as a whole...
     
    Last edited: Mar 13, 2017
  10. kanej2007

    kanej2007 Ancient Guru

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    Nooooooooooooo. Samsung will f**ck up these legendary products. :(


    Terrible news. Why did they sell? If I was Harman and offered $100,000,000,000, I would never sell. There is more to life than money such as reputation....

    Samsung may have some good electronics, televisions, fridges, etc. But speakers? Lol, they are **** and have no experience whatsoever in the sound department so it's bizarre they acquired Harman. Worst news in history...
     

  11. Monchis

    Monchis Maha Guru

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    Omg say goodbye to some of that good stuff.
     
  12. alanm

    alanm Ancient Guru

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    Harmon have some of the most sophisticated audio engineering facilities in the world, especially their speaker testing labs. Extensive double blind listening tests are conducted on many of the speaker models with hundreds of test subjects evaluating the sound. They really give their all when it comes to speaker design, especially with the high end Revel line. Even the lower tier brands (JBL, Infinity) have some fantastic sounding stuff for the money.
     
  13. Lavcat

    Lavcat Master Guru

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    ...as long as I can still get service for my Crown amp.
     
  14. Andrew LB

    Andrew LB Maha Guru

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    This is going to be interesting to see where these product lines end up going. I absolutely love my two Harman Kardon AVR receivers as well as my full 5.1 JBL Studio-S Series loudspeakers. Yeah, they're big... but they blow away all these craptastic satellite/sub setups everyone loves to buy these days.
     
  15. Fox2232

    Fox2232 Ancient Guru

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    Yeah, I wonder about true reasons...
    Is it to save some cash on licensing or components purchased?
    Is it to expand Samsung brand? New products.
    Is it to remove much higher quality competition?
     

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