News Karnataka
Saturday, October 05 2024
Science & Technology

Samsung’s Harman acquires music streaming platform Roon

Samsung Electronics on Tuesday said its automotive and audio electronics subsidiary Harman International has acquired the US music streaming platform Roon
Photo Credit : IANS

Seoul: Samsung Electronics on Tuesday said its automotive and audio electronics subsidiary Harman International has acquired the US music streaming platform Roon in a bid to expand its presence in the digital audio sector.

The New York-based Roon is a comprehensive music management and listening solution catering to music enthusiasts, supporting all major operating systems and manufacturing hardware server appliances called Nucleus, according to Samsung.

However, specific financial details of the acquisition were not disclosed. Harman expects the acquisition will diversify its business portfolio by tapping into Roon’s open device ecosystem which includes collaborations with more than 160 other audio brands, reports Yonhap News Agency.

“At Harman, we take great pride in our ability to create exceptional audio experiences for our partners and consumers around the world,” Dave Rogers, president of Harman’s lifestyle division, said in a statement.

“The team at Roon shares our passion in bringing exceptional sound and connectivity to music lovers as they browse, discover, and listen at home and on the go,” he added.

The company said Roon will continue to operate independently following the acquisition.

Samsung, the world’s largest memory chip and smartphone vendor, completed its acquisition of Harman for $8 billion in March 2017 to expand into the rapidly growing in-vehicle electronics market.

 

Read more……..

Heat styling products for hair may emit toxic gases: Study

Google Drive users report missing files, firm investigating

Share this:
MANY DROPS MAKE AN OCEAN
Support NewsKarnataka's quality independent journalism with a small contribution.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Nktv
Recent News
Editor's Pick
Nktv Live

To get the latest news on WhatsApp