On the Record · Harman International Industries
Harman International Industries acquisitions, on the record
The businesses Harman International Industries bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
yurbuds (Verto Medical Solutions LLC, d/b/a yurbuds and its wholly-owned subsidiary)Word for word“On June 17, 2014, (the “yurbuds Acquisition Date”), we acquired certain assets and liabilities of Verto Medical Solutions, LLC d/b/a yurbuds and its wholly-owned subsidiary (“yurbuds”), a manufacturer of sports headphones, for a total purchase price of $37.0 million (the “yurbuds Acquisition”), subject to both a net debt and working capital adjustment (the “yurbuds Adjustments”).” 10-K for 2014 | acquisition | June 17, 2014 | $37.0 million |
AMX LLC and AMX Holding Corporation (collectively AMX)Word for word“On June 13, 2014, (the “AMX Acquisition Date”), we acquired all of the outstanding shares of AMX LLC and AMX Holding Corporation (collectively “AMX”), a provider of enterprise automation and control and audio/video switching and distribution solutions, for a total purchase price of $365.0 million (the “AMX Acquisition”), subject to both a net debt and working capital adjustment (the “AMX Adjustments”).” 10-K for 2014 | acquisition | June 13, 2014 | $365.0 million |
Duran Audio BV (Duran)Word for word“On October 17, 2013 (the “Duran Acquisition Date”), we acquired all of the outstanding shares of Duran Audio BV (“Duran”), a developer of professional audio products.” 10-K for 2014 | acquisition | October 17, 2013 | — |
Martin Professional A/S (Martin)Word for word“The increase in our Professional segment was primarily due to the acquisition of Martin in February 2013, partially offset by the recession in Europe and delays in capital projects in the U.S. and China.” 10-K for 2014 | acquisition | February 2013 | — |
3dB Research Limited (3dB)Word for word“On February 10, 2011, we acquired all of the issued and outstanding shares of 3dB Research Limited (“3dB”) and on September 13, 2010, we acquired Aha Mobile, Inc. (“Aha”).” 10-K for 2014 | acquisition | February 10, 2011 | — |
Aha Mobile, Inc. (Aha)Word for word“On February 10, 2011, we acquired all of the issued and outstanding shares of 3dB Research Limited (“3dB”) and on September 13, 2010, we acquired Aha Mobile, Inc. (“Aha”).” 10-K for 2014 | acquisition | September 13, 2010 | — |
Eletrônica Selenium S/A (now Harman do Brasil Indústria Eletrônica e Participações Ltda.) (Selenium)Word for word“On June 1, 2010, we acquired Eletrônica Selenium S/A (now known as Harman do Brasil Indústria Eletrônica e Participações Ltda.) (“Selenium”).” 10-K for 2014 | acquisition | June 1, 2010 | — |
Symphony Teleca Corporation (STC)Word for word“On April 8, 2015 (the “STC Acquisition Date”), we acquired all of the outstanding shares of STC, a global software services company that provides software engineering and integration services.” 10-K for 2015 | acquisition | April 8, 2015 | — |
Red Bend Ltd. (Redbend)Word for word“On February 26, 2015 (the “Redbend Acquisition Date”), Harman Becker Automotive Systems Manufacturing Kft, our indirect wholly-owned subsidiary, acquired all of the outstanding shares of Redbend, a provider of software management technology for connected devices, over-the-air software and firmware upgrading services.” 10-K for 2015 | acquisition | February 26, 2015 | — |
S1nn GmbH & Co. KG (S1nn)Word for word“On February 1, 2015 (the “S1nn Acquisition Date”), Harman Becker Automotive Systems GmbH (“HBAS”), our indirect wholly-owned subsidiary, acquired all of the issued and outstanding shares of S1nn GmbH & Co. KG (“S1nn”), a developer of infotainment systems, connectivity and car audio solutions.” 10-K for 2015 | acquisition | February 1, 2015 | — |
Southern Vision Systems, Inc. (SVSI)Word for word“On June 10, 2015 (the “SVSI Acquisition Date”), Harman Professional, Inc., our wholly-owned subsidiary, acquired all of the issued and outstanding shares of Southern Vision Systems, Inc. (“SVSI”), a developer, manufacturer and marketer of audio/video over internet protocol products and services.” 10-K for 2015 | acquisition | June 10, 2015 | — |
I.P.S.G. International Product Solution Group Pty Ltd and VFX Systems Pty Ltd (IPSG/VFX)Word for word“On December 30, 2014 (the “IPSG/VFX Acquisition Date”), Harman International Industries Pty. Ltd., our indirect wholly-owned subsidiary, acquired all of the outstanding shares of I.P.S.G. International Product Solution Group Pty Ltd and 6 Table of Contents VFX Systems Pty Ltd (collectively “IPSG/VFX”), a developer, manufacturer and distributor of audio products.” 10-K for 2015 | acquisition | December 30, 2014 | — |
Verto Medical Systems LLC d/b/a yurbuds (yurbuds)Word for word“the acquisition of: substantially all of the assets of Verto Medical Systems LLC d/b/a yurbuds (“yurbuds”), certain automotive assets of Bang & Olufsen A/S (“B&O”) and S1nn, partially offset by unfavorable foreign currency translation of $83.9 million.” 10-K for 2015 | acquisition | — | — |
TowerSec Ltd.Word for word“On March 10, 2016 (the “TowerSec Acquisition Date”), Harman Becker Automotive Systems Manufacturing Kft, our indirect wholly-owned subsidiary, acquired all of the outstanding shares of TowerSec Ltd. (“TowerSec”), a leader in automotive cyber security.” 10-K for 2016 | acquisition | March 10, 2016 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) |
|---|---|
| 2016-06-30 | $227.2 million |
Deal filings since 2016
- 2017-03-10 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2016-11-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Harman International Industries’s annual reports (10-K for 2016, 10-K for 2015, 10-K for 2014) and the financial data it files with the SEC, as of 2016-08-11. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.