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词条 Harman International Industries
释义

  1. Early history

  2. Acquisitions and expansion

  3. Private equity attempt

  4. Brands

  5. Number of employees

  6. References

  7. External links

{{Infobox company
| name = Harman International Industries, Inc.
| logo = Harman International logo.svg
| type = Subsidiary
| traded_as =
| founders = {{Plainlist|
  • Sidney Harman
  • Bernard Kardon

}}
| key_people = Dinesh Paliwal
{{small|(President & CEO)}}
| industry = Electronics
| products = Audio, electronic, and infotainment systems for automotive OEM's, home and computer systems, Aha Radio for in-car entertainment from cloud, loudspeakers and electronics for audio professionals (concert halls, stadiums, airports, recording, broadcasting, and cinema)
| brands = {{Flatlist|
  • Harman Kardon
  • Becker
  • JBL
  • Crown
  • dbx
  • DigiTech
  • Martin
  • AKG
  • AMX
  • Lexicon
  • Infinity
  • Mark Levinson
  • Revel
  • Arcam
  • Studer
  • Soundcraft
  • BSS Audio

}}
| revenue = {{increase}} {{US$|6.90 billion|link=yes}} (2016)[1]
| operating_income = {{increase}} {{US$|804 million}} (2016)[1]
| net_income = {{increase}} {{US$|580 million}} (2016)[1]
| owner =
| parent = Samsung Electronics
| foundation = 1980
| location = Stamford, Connecticut, U.S.
| homepage = {{url|http://www.harman.com}}
}}

Harman International Industries, Inc., commonly known as Harman, is an American subsidiary of South Korea-based Samsung Electronics that produces, designs and engineers connected products for automakers, consumers and enterprises worldwide, including connected car systems; audio and visual products, enterprise automation; and connected services.[2] Headquartered in Stamford, Connecticut, Harman maintains major operations in the Americas, Europe, as well as Asia and markets its products under several brands; such as AKG, AMX, Becker, Crown, Harman Kardon, Infinity, JBL, Lexicon, dbx, DigiTech, Mark Levinson, Martin, Revel, Soundcraft, Studer, Arcam, and BSS Audio.

On November 14, 2016, Harman entered into an agreement to be acquired by Samsung.[3][4] The sale was completed on March 10, 2017.[5]

Early history

Sidney Harman and Bernard Kardon founded the predecessor to Harman International, Harman Kardon, in 1953. Both Harman and Kardon were engineers by training and had worked at the Bogen Company, which was then the top manufacturer of public address systems. Their collaboration helped to create a new industry: high-fidelity audio. Harman bought out his partner in 1956 and then expanded Harman Kardon into an audio powerhouse, according to a biography written by the Consumer Electronics Hall of Fame.[6]

Acquisitions and expansion

In the 60's, Harman Kardon grew more prosperous and acquired other audio houses (such as JBL)[7]. In the 1970s, Harman accepted an appointment in the Carter administration as deputy secretary of the Department of Commerce. When Harman took office in 1976 as head in charge, he sold his company to conglomerate Beatrice Foods to avoid a conflict of interest. Beatrice promptly sold many portions of the company, including the original Harman Kardon division, and by 1980 only 60% of the original company remained.

After he left government in 1978,[8] he created Harman International Industries and reacquired a number of businesses he sold to Beatrice. The company continued its growth plan with a string of acquisitions throughout the 1980s that pushed Harman International's sales from about $80 million in 1981 to more than $200 million by 1986, and then to more than $500 million by 1989. Harman International went public in 1986 with a stock offering on the New York Stock Exchange. Cash from that sale was used to, among many other purchases, buy Soundcraft, a U.K. producer of professional mixing boards, in 1988 and later - Salt Lake City digital electronics producer DOD Electronics Corp. By 1994, Harman International was selling consumer audio gear under such brands as JBL, Harman Kardon, Infinity and Epicure loudspeakers, as well as professional audio systems with such brands as JBL Professional, UREI, Soundcraft, Allen & Heath, dbx, Studer, DOD, Lexicon, AKG, BSS, Orban, Quested and Turbosound (the last one now under the control of Music Group[9]).

In July 2011, Harman acquired MWM Acoustics, a privately held company that specialized in speaker and microphone technology for consumer electronics and enterprise telephony. The combination of MWM Acoustics, Branded Audio, and AKG Automotive Microphones became the Embedded Audio Business Team.[10]

Harman expanded to include lighting in 2013 with the acquisition of Martin Professional.[11]

In June, 2014, Harman completed the acquisition of AMX LLC, from The Duchossois Group, bringing enterprise control and automation systems as well as audio/video switching and distributing to Harman's offerings.[12]

In March 2015, Harman acquired the automotive division of Bang & Olufsen for 145 million euros ($156 million) for the unit as well as technology license fees.[13] The purchase didn’t include Bang & Olufsen's consumer-electronics business.[14]

In 2015, recognizing the increasing role of software and services in the markets it served, Harman expanded its capabilities around cloud, mobility and analytics with the acquisitions of Symphony Teleca, a software services company based in Mountain View, CA,[15] and Redbend, an Israeli-based provider of software management technology for connected devices, and over-the-air (OTA) software and firmware upgrading services.[16] With these additions, Harman announced the formation of a fourth division, which they called Connected Services.

In March 2016, Harman acquired the automotive cyber-security firm TowerSec.[17] This acquisition increased Harman's competencies in the emerging automotive cyber-security field. This was evidenced by the subsequent launch of the company's '5+1 security framework' incorporating TowerSec's 'ECU shield' technology.[18] This acquisition was notable for further demonstrating Harman's desire to expand beyond its traditional business areas of in-car audio and entertainment systems.[18]

In November 2016, Samsung Electronics decided to acquire the company for US$8 billion in cash.[19]

In December 2016, Harman International Industries Inc. invested in a startup that makes projection displays that sit in front of car windshields, signalling a new area it plans to explore under the ownership of Samsung.

In February 2017, Harman International shareholders have voted in favor of the acquisition by Samsung.[20] On March 10, 2017, the acquisition is complete, with Harman becoming a subsidiary of Samsung Electronics.[5]

Private equity attempt

Harman International Industries was to disappear from NYSE in Q3/2007 due to a buy-out by KKR and Goldman Sachs Capital Partners.[21] However, as of mid September 2007, KKR announced they would back out of the deal. On the news, Harman shares plummeted by more than 24%.

Coincident with the buy-out deal, Dinesh C. Paliwal was hired as company president and CEO in July 2007. Paliwal was a veteran of the corporate turn-around. During his tenure as president of U.S. operations for ABB, the heavyweight Swiss-based automation provider, the company moved from a money-losing and siloed organization to one with double digit growth, doubled its share price in one year, and saw its bond ratings upgraded by Moody's and Standard & Poors.[22]

On July 1, 2008, Sidney Harman was succeeded by Dinesh Paliwal as chairman of the board.[23]

Brands

  • AKG - microphone/headphones
  • AMX - video switching and control devices
  • Arcam - high end home audio - amplifiers and audio components
  • Becker - car infotainment
  • BSS Audio - signal processing
  • Crown International - pro amplifiers
  • dbx - signal processors
  • DigiTech - guitar products
  • HardWire - guitar pedals
  • HiQnet - control network for digital audio, based on Ethernet
  • harman/kardon - home/car audio
  • Infinity - home/car speakers
  • JBL - home/car speakers & amplifiers, professional speakers
  • Lexicon - digital processing
  • Mark Levinson Audio Systems - home/car audio
  • Martin Professional - stage and architectural lighting and effects fixtures
  • Revel - home/car speakers
  • Selenium - home, car and professional speakers, amplifiers, sound tables/mixers
  • S1nn GmbH & Co.
  • Soundcraft - mixing consoles
  • Studer - mixing consoles
  • HALOsonic - Noise Management Solutions

Number of employees

Table 1. Number of full-time employees (Approx.)
Fiscal YearTotalNorth AmericaOutside of NA
2016[24] 26,000 7,300 18,700
Mar. 2016[25] 29,000 - -
Feb. 2016[26] - - -
Sep. 2015[27] 28,000 - -
2015[28] 24,197 6,793 17,404
2014[29] 14,202 5,599 8,603
2013[30] 12,221 4,509 7,712
2012[31] 11,386 4,169 7,197
2010[32] 9,816 3,362 6,454
2008[33] 11,694 4,834 6,860
2007[34] 11,688 5,611 6,077

References

1. ^{{cite web |url = https://news.harman.com/releases/harman-reports-fourth-quarter-and-fiscal-2016-results|title=Harman International Financial }}
2. ^{{cite web|title = HARMAN Unveils New Logo, Signals Brand Evolution|url = http://news.harman.com/releases/harman-unveils-new-logo-signals-brand-evolution|website = HARMAN Newsroom|date=July 30, 2015|access-date = 2016-01-11}}
3. ^{{Cite web|url=https://techcrunch.com/2016/11/13/samsung-harman/|title=Samsung is buying Harman for $8B to further its connected car push|last=Russell|first=Jon|website=TechCrunch|access-date=2016-11-14}}
4. ^{{cite news|last1=Mullen|first1=Jethro|title=Samsung bets $8 billion on smart cars with Harman deal|url=http://money.cnn.com/2016/11/14/technology/samsung-harman-autos-connected/index.html|accessdate=14 November 2016|work=CNNMoney|date=14 November 2016}}
5. ^{{Cite web|url=https://news.samsung.com/global/samsung-electronics-completes-acquisition-of-harman|title=Samsung Electronics Completes Acquisition of HARMAN|website=news.samsung.com|language=en|date=March 11, 2017|access-date=2017-03-11}}
6. ^{{cite web |url=http://www.ce.org/Events/Awards/489.htm |title=Archived copy |accessdate=2008-10-24 |deadurl=yes |archiveurl=https://web.archive.org/web/20071228053230/http://www.ce.org/Events/Awards/489.htm |archivedate=2007-12-28 |df= }}
7. ^http://br.harmankardon.com/history-hk-uk.html
8. ^{{cite web|url=http://www.presidency.ucsb.edu/ws/index.php?pid=29965 |title=Jimmy Carter: Department of Commerce Exchange of Letters on the Resignation of Sidney L. Harman as Under Secretary |website=Presidency.ucsb.edu |date= |accessdate=2016-08-28}}
9. ^{{cite web|url=http://www.turbosound.com/docs2/latest_news/EFFAVZVZlpugbaeHmF.shtml |title=MUSIC Group |website=Turbosound.com |date= |accessdate=2016-08-28}}
10. ^{{cite web|url=http://embedded.harman.com/about-us.html |title=High Quality Audio - High Quality Audio - About Us |website=Embedded.harman.com |date= |accessdate=2016-08-28}}
11. ^{{cite web|title = HARMAN Completes Acquisition of Entertainment Lighting Company Martin Professional|url = http://news.harman.com/releases/harman-completes-acquisition-of-entertainment-lighting-company-martin-professional|website = HARMAN Newsroom|access-date = 2016-01-11}}
12. ^{{cite web|title = HARMAN Completes Acquisition of AMX|url = http://news.harman.com/releases/harman-completes-acquisition-of-amx|website = HARMAN Newsroom|access-date = 2016-01-11}}
13. ^{{cite web|author=Tom Lavell |url=https://www.bloomberg.com/news/articles/2015-03-31/bang-olufsen-to-sell-car-audio-unit-to-harman-in-focus-shift |title=Bang & Olufsen to Sell Car-Audio Unit to Harman in Focus Shift |publisher=Bloomberg |date=2015-03-31 |accessdate=2016-08-28}}
14. ^{{cite web|url=http://www.bmwblog.com/2015/04/01/harman-kardon-acquires-bang-olufsen-automotive/ |title=Harman Kardon acquires Bang & Olufsen Automotive |website=Bmwblog.com |date= |accessdate=2016-08-28}}
15. ^{{cite web|url=http://news.harman.com/releases/harman-to-acquire-software-services-company-symphony-teleca |title=HARMAN to Acquire Software Services Company Symphony Teleca | HARMAN |website=News.harman.com |date=2015-01-22 |accessdate=2016-08-28}}
16. ^{{cite web|title = HARMAN Completes Acquisition of Redbend|url = http://news.harman.com/releases/harman-completes-acquisition-of-redbend|website = HARMAN Newsroom|access-date = 2016-01-11}}
17. ^{{Cite web|url=http://news.harman.com/releases/harman-completes-acquisition-of-towersec-automotive-cyber-security|title=HARMAN Completes Acquisition of TowerSec Automotive Cyber Security|website=HARMAN Newsroom|access-date=2016-09-17}}
18. ^{{Cite web|url=http://www.deeptread.com/blog/2016/8/29/harman-automotive-cyber-security-system|title=Harman automotive cyber-security system|last=|first=|date=|website=|publisher=Deep Tread|access-date=2016-09-17}}
19. ^{{cite web|title=Samsung's Harman Acquisition Puts Pressure On Apple And Tier 1 Auto Suppliers|url=https://www.forbes.com/sites/sarwantsingh/2016/11/16/samsung-to-acquire-harman-pressure-on-auto-tier-1-and-apple/#493b72566ddf|website=Forbes.com|accessdate=16 November 2016}}
20. ^{{cite web|url=https://www.sammobile.com/2017/02/19/harman-international-merger-with-samsung-electronics-approved-by-shareholders/|title=Harman International merger with Samsung Electronics approved by shareholders.|last=|first=|date=|website=Sammobile|accessdate=23 February 2017}}
21. ^{{cite web|url=http://www.secinfo.com/$/SEC/Filing.asp?D=Vut2.u4Ux |title=KHI Parent Inc. - ‘S-4’ on 6/20/07 |publisher=SEC Info |date= |accessdate=2016-08-28}}
22. ^{{cite web|author=By , , on June 1, 2006 |url=http://www.automationworld.com/news-2205 |title=ABB Celebrates Turnaround |publisher=Automation World |date=2006-06-01 |accessdate=2016-08-28}}
23. ^{{cite web |url=http://www.twice.com/article/CA6566016.html |title=Archived copy |accessdate=2008-10-24 |deadurl=yes |archiveurl=https://web.archive.org/web/20090331101939/http://www.twice.com/article/CA6566016.html |archivedate=2009-03-31 |df= }}
24. ^{{cite web|title = Harman News|url = http://investor.harman.com/secfiling.cfm?filingID=1564590-16-24079&CIK=800459 |website = HARMAN SEC Filing FORM 10-K |access-date = Aug 11, 2016}}
25. ^{{cite web|title = Harman News|url = http://investor.harman.com/releasedetail.cfm?releaseid=969391|website = Harman News|access-date = May 5, 2016|deadurl = yes|archiveurl = https://web.archive.org/web/20160611014747/http://investor.harman.com/releasedetail.cfm?releaseid=969391|archivedate = June 11, 2016|df = }}
26. ^{{cite web|title = Harman Twitter|url = https://twitter.com/harman/status/701906896467394562 |website = Harman Twitter |access-date = Feb 22, 2016}}
27. ^{{cite web|title = Harman News|url = http://news.harman.com/releases/harman-unveils-new-north-american-automotive-headquarters-in-metro-detroit|website = Harman News |access-date = Sep 30, 2015}}
28. ^{{cite web|title = FY15 SEC Form 10-K|url = http://investor.harman.com/secfiling.cfm?filingID=1193125-15-283170&CIK=800459|website = HARMAN SEC Filing FORM 10-K|access-date = August 7, 2015|deadurl = yes|archiveurl = https://web.archive.org/web/20150909205907/http://investor.harman.com/secfiling.cfm?filingID=1193125-15-283170&CIK=800459|archivedate = September 9, 2015|df = }}
29. ^{{cite web|title = FY14 SEC Form 10-K|url = http://investor.harman.com/secfiling.cfm?filingID=1193125-14-300900&CIK=800459|website = HARMAN SEC Filing FORM 10-K|access-date = August 7, 2014}}
30. ^{{cite web|title = FY13 SEC Form 10-K|url = http://investor.harman.com/secfiling.cfm?filingid=1193125-13-329239&cik=|website = HARMAN SEC Filing FORM 10-K|access-date = August 2, 2013}}
31. ^{{cite web|title = FY12 SEC Form 10-K|url = https://www.sec.gov/Archives/edgar/data/800459/000119312512349353/d375884d10k.htm|website = SEC Gov Filing FORM 10-K|access-date = August 3, 2012}}
32. ^{{cite web|title = FY10 SEC Form 10-K|url = http://files.shareholder.com/downloads/HAR/1759744059x0xS1193125-10-181476/800459/filing.pdf|website = Harman SEC Filing FORM 10-K|access-date = August 4, 2010}}
33. ^{{cite web|title = FY08 SEC Form 10-K|url = http://investor.harman.com/secfiling.cfm?filingid=800459-08-64&cik=|website = HARMAN SEC Filing FORM 10-K|access-date = August 6, 2008}}
34. ^{{cite web|title = FY07 SEC Form 10-K|url = http://investor.harman.com/secfiling.cfm?filingid=800459-07-60&cik=|website = HARMAN SEC Filing FORM 10-K|access-date = August 6, 2007}}

External links

  • {{Official website|http://www.harman.com}}
{{Finance links
| name = Harman International Industries
| sec_cik = HAR
| google = HAR
}}{{Harman International Industries}}{{Samsung Electronics}}

10 : Harman International Industries|Electronics companies of the United States|Manufacturing companies based in Connecticut|Companies based in Stamford, Connecticut|American companies established in 1980|Electronics companies established in 1980|Technology companies established in 1980|2017 mergers and acquisitions|American subsidiaries of foreign companies|Samsung Electronics

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