Harman International has entered a definitive agreement to acquire Masimo's consumer audio division by the end of the year.
The agreed $350m cash sale, subject to certain adjustments, will see the Samsung-owned company take in legendary hi-fi brands Bowers & Wilkins, Denon and Marantz, as well as Polk Audio, Definitive Technology, Classé, HEOS and Boston Acoustics, expanding its extensive AV catalogue.
