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Original Message

Harman buys Sound United

Posted by audio_d on May 6, 2025 at 18:08:40:
News broke overnight that Masimo Corporation has entered into a definitive agreement to sell its consumer audio business to HARMAN International, the wholly-owned subsidiary of Samsung, for an aggregate purchase price of US$350 million in cash, "subject to certain adjustments". According to an official statement, the transaction is expected to close by the end of 2025, subject to receiving necessary regulatory approvals.