Harman International

HARMAN International, a Samsung subsidiary, entered a definitive agreement to acquire ZF Group's Advanced Driver Assistance Systems (ADAS) business for €1.5 billion. The deal includes automotive compute solutions, smart cameras, radars and ADAS software.

Harman, a Samsung subsidiary, announced a ₹345 crore (USD 42 million) investment to expand its automotive electronics manufacturing facility in Chakan, Pune, India. The expansion will increase capacity by over 50% and create 300 new jobs by 2027.

Samsung Electronics and Harman International Industries announced a definitive agreement on November 14, 2016, for Samsung to acquire HARMAN for $112 per share in cash, totaling approximately $8 billion.