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Samsung to buy IIT alumnus-led connected car systems firm Harman

Monday, November 14, 2016 | More »

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South Korean electronics giant Samsung Electronics Co. Ltd said it would buy US auto-suppliers firm Harman International Industries, which owns brands such as JBL, Harman Kardon and AKG, for $8 billion in an all-cash deal. Harman offers connected car solutions and currently more than 30 million vehi...