Samsung’s Harman to acquire ZF’s advanced driver-assistance systems business for $1.76B

Samsung Electronics Co. Ltd. today announced it’s planning to acquire ZF Friedrichshafen AG’s advanced driver-assistance systems business in a deal valued at €1.5 billion ($1.76 billion). The South Korean electronics giant said its automotive component and audio subsidiary Harman International will take over ZF’s ADAS business in order to “deliver safer, more intelligent and more […]
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