Particle.news
Download on the App Store
6 ARTICLES
·
3d ago

Masimo Finalizes $350 Million Sale of Sound United to Samsung’s Harman

The deal, which includes premium audio brands like Bowers & Wilkins and Denon, marks Samsung’s largest acquisition since 2016 and supports Masimo’s pivot to healthcare innovation.

Image
The company that sued Apple and won Rs 21,000 is selling its audio business to a Samsung subsidiary
Image
Image

Overview

  • Masimo Corporation has signed a definitive agreement to sell its Sound United consumer audio division to Harman International, a subsidiary of Samsung Electronics, for $350 million in cash.
  • The sale includes renowned brands such as Bowers & Wilkins, Denon, Marantz, and Polk, which will join Harman’s existing portfolio of premium audio brands like JBL and AKG.
  • Masimo's divestiture aligns with its strategic focus on professional healthcare innovation, reallocating resources to areas of unmet clinical need.
  • Harman plans to integrate Sound United's brands into its lifestyle division, aiming to secure the top position in the global consumer audio market, projected to grow to $70 billion by 2029.
  • The transaction, subject to regulatory approvals, is expected to close by the end of 2025, marking Samsung’s largest M&A deal since its $8 billion acquisition of Harman in 2016.