Harman to acquire ZF’s ADAS business in deal valued at €1.5 billion

Neutral 0.0
Harman International, a provider of automotive technology and lifestyle audio, and a wholly-owned subsidiary of Samsung Electronics, has entered into a definitive agreement to acquire the advanced driver assistance systems business of ZF Group, comprising automotive compute solutions, smart cameras, radars and ADAS software functions. The transaction is valued at €1.5 billion. Harman’s “Consumer Experiences. […]
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