HARMAN International, a world chief in automotive know-how and way of life audio, and a wholly-owned subsidiary of Samsung Electronics, as we speak introduced that it has entered right into a definitive settlement to amass the Advanced Driver Assistance Systems (ADAS) enterprise of ZF Group, comprising main automotive compute options, good cameras, radars and ADAS software program features. The transaction is valued at €1.5 billion.
A Strategic Step towards an Integrated, Centralized Vehicle Architecture
HARMAN’s “Consumer Experiences. Automotive Grade.” technique focuses on bringing the velocity, intelligence and intuitive experiences shoppers count on from main know-how manufacturers into autos, whereas additionally assembly the best requirements for automotive security, reliability and long-term platform help. As automakers speed up towards software-defined autos (SDV), this method permits experiences that seamlessly join security and assisted driving features with consolation, connectivity and in-vehicle intelligence. With this acquisition, HARMAN has secured strategic inroads within the ADAS and central compute platforms markets, reinforcing a basis that anchors and advances its function within the fast-growing SDV market.
By integrating ZF’s ADAS capabilities with HARMAN’s flagship Digital Cockpit choices inside a centralized compute design, the acquisition bolsters HARMAN’s roadmap for next-generation car architectures. The mixture creates a basis for future central compute options that deliver assisted and automatic driving options, security and person experiences on a shared platform. This method streamlines system design, reduces integration complexity and helps extra environment friendly innovation cycles, permitting HARMAN to allow OEMs to scale differentiated, context-aware car experiences.
“The industry is at an inflection point where safety, intelligence and in-cabin experience must come together through a unified computing architecture,” stated Christian Sobottka, Chief Executive Officer and President, Automotive Division, HARMAN. “With this agreement, we take a strategic step to expand our portfolio with complementary ADAS capabilities that unlock a new class of cross-domain experiences ranging from perception-informed audio cues to more personalized, situation-aware driving. Combined with HARMAN’s long-standing automotive expertise and supported by Samsung’s broader technology leadership, this positions us to help OEMs design the next generation of intelligent, empathetic and connected vehicles.”
“With HARMAN, we have found the ideal partner to fully unlock the growth and innovation potential of our ADAS business,” stated Mathias Miedreich, CEO of ZF Group. “At the same time, this deal makes an important contribution to reducing our company’s debt and allows us to focus our resources on the core technologies in which ZF is a global leader.”
“Samsung has a successful record of strategic acquisitions that accelerate innovation and expand what’s possible for our customers,” stated Young Sohn, Chairman of the Board of Directors, HARMAN and Senior Advisor, Samsung Electronics. “Since acquiring HARMAN in 2017, the company has scaled its automotive and audio business from $7 billion to more than $11 billion today. Adding ZF’s ADAS capabilities builds on that momentum. HARMAN will further expand its technology foundation to deliver safer, more intelligent and more intuitive in-vehicle experiences. This acquisition reinforces HARMAN’s leadership in the industry’s transformation and underscores Samsung’s long-term commitment to the future of mobility.”
“This transaction marks a major milestone in the execution of HARMAN’s long-term strategy and further strengthens our portfolio,” stated Carolin Reichert, Chief Strategy Officer of HARMAN. “Throughout the method, we labored in a really constructive collaboration with ZF and demonstrated our…
