logo
Share SHARE
FONT-SIZE Plus   Neg

Harman Completes AMX Acquisition

Harman International Industries, Inc. (HAR) said FRiday that it has closed its acquisition of AMX LLC, from The Duchossois Group, Inc. for $365 million.

The deal was announced last month.

Richardson, Texas-based AMX is a provider of enterprise control and automation systems as well as audio/video switching and distributing solutions and will be integrated into HARMAN's professional offerings servicing audio, video and IT professionals.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
French oil and gas giant Total SA (TTA.L, TTFNF.PK, TOT) reported Wednesday a profit for the second quarter that declined four percent from last year, reflecting a sales decline amid sharply lower oil prices. However, hydrocarbon production grew 12 percent from last year. The company's results were... Procter & Gamble Co., (PG) Tuesday announced the promotion of David Taylor to the role of Chief Executive Officer, as the consumer goods giant replaces Chief Executive A.G. Lafley for the second time. David Taylor, a 35-year-veteran and currently Group President of Global Beauty, Grooming and Health... Anadarko Petroleum reported a plunge in second-quarter profit, hurt by weak oil prices, partly offset by some derivative gains. However, its earnings topped Street estimates, driven by operational efficiencies and sales of higher-margin oil. Anadarko shares...
comments powered by Disqus
RELATED NEWS
Trade HAR now with 
Follow RTT