Samsung Electronics says unit Harman acquires Masimo's audio business for $350 mln
ReutersMay 6, 2025 9:02 PM
SEOUL, May 7 (Reuters) - Samsung Electronics 005930.KS said on Wednesday its unit Harman International signed a deal to acquire U.S. firm Masimo's audio business for $350 million.
It plans to combine Masimo's audio business with Harman to strengthen its global leading position in the consumer audio market, which is expected to grow from $60.8 billion in 2025 to $70 billion in 2029, Samsung said in a statement.
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