Samsung buys Harman for $8 billion

Samsung has announced that it has acquired Harman, the company behind over 20 brands including audio companies AKG, JBL and Harman/Kardon, as well as a suite of connected car technologies.Although you're probably more familiar with Harman for their audio brands, the company earns around two thirds of its revenues from automotive-related segments where it produces telematics, security and 'embedded infotainment' solutions.