Stamford, United States
Founded in 1980, HARMAN International is a global leader in automotive technology, lifestyle innovations, design, and analytics. The company, headquartered in Stamford, Connecticut, designs and engineers connected products and solutions for automakers, consumers, and enterprises worldwide. Its offerings range from connected car systems and audio-visual products to enterprise automation solutions, supporting the Internet of Things.
With leading brands including AKG, Harman Kardon, Infinity, JBL, Lexicon, Mark Levinson, and Revel, HARMAN is admired by audiophiles, musicians, and entertainment venues worldwide. More than 50 million automobiles on the road today are equipped with HARMAN audio and connected car systems, and its software services power billions of mobile devices and systems across all platforms. HARMAN has a workforce of approximately 30,000 people across the Americas, Europe, and Asia.
In March 2017, HARMAN became a wholly-owned subsidiary of Samsung Electronics Co., Ltd., positioning itself as a significant player in the global consumer electronics and manufacturing industries. The company is dedicated to creating an Equal Opportunity, Affirmative Action workplace, with a focus on encouraging diversity and inclusion by valuing the contributions of minorities, women, veterans, and individuals with disabilities.
Despite lacking specific details on recent investments, HARMAN International's strong presence in the automotive and consumer electronics sectors, its extensive product portfolio, and its ownership by Samsung make it an interesting potential for venture capital investment. The company is well-positioned to capitalize on the growing trends in connected technologies and Internet of Things, making it a compelling prospect for investors seeking opportunities in these rapidly expanding markets.
