Samsung Electronics unit Harman to acquire ZF Group's ADAS business for $1.8 billion
Yahoo Finance·2025-12-23 08:04
By Heekyong Yang SEOUL, Dec 23 (Reuters) - Samsung Electronics (005930.KS) announced on Tuesday a $1.8 billion deal to acquire Germany's ZF Friedrichshafen's autonomous driving technology unit to combine it with its audio business and offer next-generation in-car platforms. Samsung said the 1.5 billion euro ($1.77 billion) deal will allow Harman to secure advanced driver assistance system-related technologies and products, including front-facing vehicle cameras and ADAS controllers, marking a full-sca ...