Samsung acquisition of Mark Levinson, Bowers & Wilkins, JBL, Revel…

Not that is for sure quite a news. Samsung is taking over the JBL, Mark Levinson, Revel, Bowers & Wilkins (licenses), Harman Kardon, Infinity, Lexicon and AKG.

“Samsung Electronics and Harman International Industries, Incorporated today announced that they have entered into a definitive agreement under which Samsung will acquire HARMAN for $112.00 per share in cash, or total equity value of approximately $8.0 billion. 

HARMAN’s leading brands and cutting-edge audio systems include JBL®, Harman Kardon®, Mark Levinson®, AKG®, Lexicon®, Infinity®, and Revel®.  The company also licenses Bowers & Wilkins® and Bang & Olufsen® brands for automotive.  All of these brands will greatly enhance the competitiveness of Samsung’s mobile, display, virtual reality and wearable products to deliver a fully differentiated audio and visual experience for customers.”

Link: here .