Masimo Closes Sale of Consumer Audio Business to Harman-March 2024-www.financetom.com

Masimo Closes Sale of Consumer Audio Business to Harman

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Masimo Closes Sale of Consumer Audio Business to Harman

Sep 23, 2025 6:56 AM

09:43 AM EDT, 09/23/2025 (MT Newswires) -- Masimo ( MASI ) said Tuesday it closed the sale of its Sound United consumer audio business to Samsung Electronics unit Harman International.

At the completion of the deal on Tuesday, Masimo ( MASI ) received consideration of about $328 million in cash, subject to post-closing adjustments, according to a Tuesday regulatory filing.

Previous page： REUTERS NEWS SCHEDULE AT 6 a.m. GMT/2 p.m. SGT Next page： Oil climbs after Saudi Arabia hikes prices

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

REUTERS NEWS SCHEDULE AT 6 a.m. GMT/2 p.m. SGT

May 5, 2024

Here are the top stories and upcoming coverage plans for Reuters text service as of 6 a.m. GMT/2 p.m. SGT. For a full schedule of news and events, go to our editorial calendar on Reuters Connect. TOP STORIES GLOBAL ISRAEL-PALESTINIANS/TALKS Gaza truce hopes slim; Hamas officials leaving Cairo but returning on Tuesday CAIRO/DOHA, May 5 (Reuters) - Prospects for a...

Oil climbs after Saudi Arabia hikes prices

May 5, 2024

SINGAPORE (Reuters) -Oil futures climbed on Monday after Saudi Arabia hiked June crude prices for most regions and as the prospect of a Gaza ceasefire deal appeared slim, renewing fears the Israel-Hamas conflict could still widen in the key oil producing region. Brent crude futures gained 34 cents, or 0.4%, to $83.30 a barrel at 0518 GMT, while U.S. West...

PostNL confirms 2024 outlook, swings to quarterly loss amid high labour costs

May 5, 2024

May 6 (Reuters) - PostNL posted on Monday a wider-than-expected loss for the first quarter, citing rising costs in a challenging labour market, although the Dutch postal firm maintained a steady full-year outlook. The company, which delivers parcels and letters across Belgium, the Netherlands and Luxembourg, reported an operating loss before interest and taxes of 9 million euros ($9.68 million),...

Soccer-Ten Hag expects Fernandes to stay at Man Utd next season

May 5, 2024

May 6 (Reuters) - Bruno Fernandes is happy at Manchester United and will remain at the Premier League club next season, manager Erik Ten Hag said amid speculation over the midfielder's future. In an interview with DAZN last week, Fernandes said he would consider his future at United after this year's European Championship and that he would only stay in...