financetom
Business
financetom
/
Business
/
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.

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.
Sign up to post
Sort by
Show More Comments
Related Articles >
Pizza Pizza Royalty Declares April Dividend And Timing Of First Quarter 2024 Results
Pizza Pizza Royalty Declares April Dividend And Timing Of First Quarter 2024 Results
Apr 26, 2024
01:37 PM EDT, 04/26/2024 (MT Newswires) -- Pizza Pizza Royalty ( PZRIF ) Friday declared its monthly cash dividend of $0.0775 per share for April 2024. The dividend will be payable to shareholders of record at the close of business April 30 and will be paid on May 15. The company also announced that its financial results for the first...
In-Line Inflation Data, Tech Earnings Lift US Equity Indexes
In-Line Inflation Data, Tech Earnings Lift US Equity Indexes
Apr 26, 2024
01:34 PM EDT, 04/26/2024 (MT Newswires) -- US equity indexes jumped intraday Friday after the Federal Reserve's preferred measure of inflation in March met market expectations and quarterly earnings from technology heavyweights lifted investor sentiment. The S&P 500 climbed 1.2% to 5,108.4, with the Dow Jones Industrial Average 0.6% higher at 38,295.2 and the Nasdaq Composite up 2.2% to 15,950.7...
National Bank Previews Sleep Country's Q1 -- Expects EPS to Decline 2.5%
National Bank Previews Sleep Country's Q1 -- Expects EPS to Decline 2.5%
Apr 26, 2024
01:33 PM EDT, 04/26/2024 (MT Newswires) -- Sleep Country reports Q1/24 results on May 7, after market close. National Bank expects Q1/24 EPS to decline 2.5% y/y reflecting higher SG&A expenditure and higher interest expense, partly offset by positive same store sales growth, new store openings in the last 12 months, the contribution from Casper acquisition (closed in April 2023)...
JP Morgan Chase Launches Innovative Community Center Branch In Bronx, Investing $5M To Enhance Financial Access
JP Morgan Chase Launches Innovative Community Center Branch In Bronx, Investing $5M To Enhance Financial Access
Apr 26, 2024
JP Morgan Chase & Co. inaugurated a new Community Center branch in the Grand Concourse neighborhood of the Bronx on Friday.  This branch will expand access to banking, tools, and advice to help customers achieve financial health and resilience. The Grand Concourse Community Center branch features a team of local financial health experts focused on community engagement, mentorship and advice, JP Morgan said in...
Copyright 2023-2026 - www.financetom.com All Rights Reserved