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Stock Market & Financial Investment News

News Breaks
May 21, 2014
08:07 EDTHARHarman to acquire AMX LLC for $365M
Harman announced it has signed an agreement with The Duchossois Group, Inc. and its affiliates to acquire AMX LLC for $365M. AMX is a provider of enterprise control and automation systems and audio and video switching and distributing solutions. The transaction is subject to customary closing conditions, including applicable regulatory approvals. AMX will be integrated into HARMANís Professional division.
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September 17, 2014
13:47 EDTHARHarman, NBA announce marketing, merchandising partnership
Harman International and the National Basketball Association announced a multiyear marketing and merchandising partnership that will make the company the official headphone, speaker, and audio partner of the NBA, Womenís National Basketball Association, NBA Development League, and USA Basketball. The new marketing and consumer products partnership will focus on Harmanís JBL brand and will provide fans with enhanced audio experiences both in the arena and at home. Harmanís products will also be featured at NBA events worldwide and integrated into league operations. Harman will provide JBL and other Harman products to players and coaches. Additionally, as early as this holiday season, Harman will produce NBA-branded audio products for fans around the world. The products will include team- and player-branded headphones and portable speakers.

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