Wednesday, December 22, 2010

$ 8 billion, audio giant Harman · cotton was acquired

Has many international famous brand in the United States of reproducing Harman, Harman International Group has been to 80 billion takeover by a consortium price! acquirers by Kohlberg Kravis Roberts & Co. L.P. and Goldman Sachs ' GS Capital Partners two companies of private equity companies, acquisitions totaling up to us $ 8 billion.

United States Harman Harman International Group has many world famous audio, AV brand, has a, Harman Kardon Harman JBL sacaton, Infinity, Revel, Mark Levinson and Lexicon and many other brands, Haman group audio products cover many areas in the global sound development and manufacture of a leader in the field.

In the new generation of high-definition video era is coming, audio, video and audio equipment will usher in a new upsurge of consumption, the acquisition of the private equity company is optimistic about the Harman Group later profit growth potential, willing to purchase such a huge amount of money.

Although the composition of the private equity company of the two companies in the audio sector is not a very famous, but it is said that strength is very strong, especially for experienced industry investment profit prospects. This is the Harman Harman International Consortium acquires the transaction has been approved by the Board of Harman International, pending completion of all formalities, the fastest estimation in the autumn of 2007 to complete all transactions. The new company will retain the name of Harman and Harman's founder and Chairman Dr. Sidney Harman will remain, Harman International Group's various brands will follow the existing development direction and original plan development.

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