HARMAN acquires Symphony Teleca

To boost HARMAN’s play in ‘Internet of Things’ NYSE-listed infotainment company HARMAN International Industries has agreed to acquire Symphony Teleca, a software services company with majority staffers in India, for at least $780 million.

“Symphony has solid intellectual property when it comes to censors, cloud, analytics and other technology areas. I would say that HARMAN got a good asset for a cheap price,” said Sanchit Vir Gogia, founder CEO at advisory firm Greyhound Research.

To read the Full Article, click here: Hindu Business Line

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s