Harman acquires Duran Audio
Harman has acquired Netherlands headquartered Duran Audio, manufacturer of the AXYS Intellivox line of steerable columns.
The AXYS products and core Duran technologies will become an integrated part of the Harman audio product line, according to a press information released today.
"Today's acquisition of Duran Audio BV bolsters Harman's stated commitment to advance our technology leadership through both R&D and acquisitions," said Dinesh C. Paliwal, Harman's chairman, president, and CEO in the statement.
"Over the years, Duran Audio has established a distinct and loyal customer base built on innovative technology. By leveraging Duran's unique product lines with Harman's global footprint and product synergies, our business is optimally positioned to serve new customers around the world with expanded audio solutions."