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Samsung Electronics says unit Harman acquires Masimo's audio business for $350 million
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Samsung Electronics says unit Harman acquires Masimo's audio business for $350 million
May 26, 2025 2:20 AM

SEOUL (Reuters) -Samsung Electronics ( SSNLF ) said on Wednesday its unit Harman International signed a deal to acquire U.S. firm Masimo's audio business for $350 million.

It plans to combine Masimo's audio business with Harman to strengthen its global leading position in the consumer audio market, which is expected to grow from $60.8 billion in 2025 to $70 billion in 2029, Samsung said in a statement.

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