Harman International

Stamford, United States Founded: 1980 • Age: 46 yrs Acquired By Samsung
Provider of infotainment and audio solutions for multiple sectors
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About Harman International

Harman International is a company based in Stamford (United States) founded in 1980 was acquired by Samsung in November 2016.. Harman International has completed 24 acquisitions, including 3dB Research, AKG by Harman and AMX. Harman International offers products and services including Audio Products, Infotainment Systems, and Software and Connected Services. Harman International operates in a competitive market with competitors including NNG, PATEO, Borqs, Rand McNally and Alpine, among others.

  • Headquarter Stamford, United States
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $2.81 M (USD), Post-IPO

    Jul 05, 2019

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    3dB Research

    & 23 more

  • Acquired by
    Samsung

    (Nov 14, 2016)

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Products & Services of Harman International

Harman International offers a comprehensive portfolio of products and services, including Audio Products, Infotainment Systems, and Software and Connected Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Delivers high-quality audio for home, car, and on-the-go use

Provides connected systems for vehicle entertainment and control

Offers software for seamless lifestyle integration in various settings

People of Harman International
Headcount 10000+
Employee Profiles 891
Board Members and Advisors 2
Employee Profiles
People
Dave Rogers
President, Lifestyle
People
Christian Sobottka
CEO
People
Kevin Voecks
Sr. Manager, Acoustic Technologies -- JBL Synthesis
People
Mansi Nawathe
Senior Talent Acquisition Specialist

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Board Members and Advisors
people
Young Sohn
Chairman
people
James Ahn
Director

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Funding Insights of Harman International

  • Total Funding
  • Total Rounds 5
  • Last Round Post-IPO — $2.8M
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2019 Amount Post-IPO - Harman International Valuation

investors

Apr, 2015 Amount Post-IPO - Harman International Valuation

investors

Jan, 2015 Amount Grant - Harman International Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Harman International

Harman International has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Bessemer Venture Partners, Samsung and European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments and support for entrepreneurs in technology and innovation sectors.
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Multi-category electronic products are manufactured globally by the company.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Harman International

Harman International has strategically engaged in corporate development activities, having acquired 24 companies. Notable acquisitions include 3dB Research, AKG by Harman and AMX. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Online platform providing music and signal processing technology
2022
Advanced software solutions for automotive ADAS systems are engineered.
2017
Developer of a sensor to monitor vital signs and track vehicle cabin occupancy
2016
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Harman International

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Harman International Comparisons

Employees
+
Add Comparison
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Competitors of Harman International

Harman International operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NNG, PATEO, Borqs, Rand McNally and Alpine, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
White-label connected car navigation and infotainment solutions are provided.
domain founded_year HQ Location
Saas & AI enabled infotainment solutions for connected vehicles
domain founded_year HQ Location
Borqs is recognized as a global leader in IoT solutions.
domain founded_year HQ Location
Commercial Transportation, Travel & Mobile Resource Management
domain founded_year HQ Location
Car audio and navigation/infotainment systems are developed by Alpine.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Harman International

Frequently Asked Questions about Harman International

When was Harman International founded?

Harman International was founded in 1980.

Where is Harman International located?

Harman International is headquartered in Stamford, United States. It is registered at Stamford, Connecticut, United States.

What does Harman International do?

Provider of infotainment and audio solutions for multiple sectors. It offers solutions for various sectors like automotive, health, entertainment, etc. It offers solutions like automotive cybersecurity, ADAS, displays units, telematics solutions, V2X solutions, etc. It uses various technologies like cloud, artificial intelligence, IOT, and more to provide hardware and software-enabled solutions. In 2017 the company recorded annual revenues of 6.91B, and a net profit of 0.36B.

Who are the top competitors of Harman International?

Harman International's top competitors include Borqs, PATEO and NNG.

What products or services does Harman International offer?

Harman International offers Audio Products, Infotainment Systems, and Software and Connected Services.

How many acquisitions has Harman International made?

Harman International has made 24 acquisitions, including 3dB Research, AKG by Harman, and AMX.

Who are Harman International's investors?

Harman International has 3 investors. Key investors include Bessemer Venture Partners, Samsung, and European Union.

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