Samsung Electronics to Acquire Harman

Samsung Electronics and Harman International Industries, Incorporated today announced that they have entered into a definitive agreement under which Samsung will acquire HARMAN for $112.00 per share in cash, or total equity value of approximately $8.0 billion.  Upon closing, the transaction will immediately give Samsung a significant presence in the large and rapidly growing market…

Connected Automotive System Market Set to Surge

The connected automotive infotainment systems market is forecast to grow at a compound annual growth rate of 33.8 percent over the next five years, driven by connected navigation and in-car Wi-Fi, according to ABI Research. The report, Automotive Infotainment Market Research, finds that “developed regions, which accounted for more than 60 percent of shipments in 2014,…

Electronica 2014: IoT Is a Key Innovation Driver

Electronic component manufacturers and distributors are getting ready to converge at Electronica 2014, November 11-14, in Munich, Germany. One of the biggest topics of discussion at the show will be the Internet of Things (IoT) and its huge growth potential for the electronics industry ranging from networked medical devices to smart homes and connected vehicles.…