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Harman International Industries company

About Us

Harman International Industries, will acquire AMX LLC for only US$365 million.We told you in December that The Duchossois Group, Inc. would be unloading more assets (after the Milestone deal) and we told you AMX was a possibility.The shocker here is the buyer, Harman, an infotainment and audio group.And the price. That's right. No stock, no other sweeties...just cash. That implies to us that AMX was struggling with margins and profitability. Or maybe just lower sales volumes than previously thought.

Company info

Company Name: Harman International Industries company
Business Phone: +356 2701 5566
Country: China
Website: http://www.proavbiz-europe.com/