Harman acquires AMX, thus strengthening its portfolio in switching, automation and control

Harman closes an agreement with The Duchossois Group and its subsidiaries to acquire AMX for 365 million dollars (267 and a half million euros).

Harman International Industries has signed an agreement with The Duchossois Group and its subsidiaries to acquire AMX for 365 million dollars (267 and a half million euros). The purchase transaction of this manufacturer and supplier of audio and video automation, control, switching and distribution systems is subject to closing conditions, including applicable regulatory approvals.

Dinesh C. Paliwal, president and CEO of Harman, highlighted that his company is "a leader in intelligent connectivity. Our vision is to expand our reach beyond the car, into the enterprise sector, where we already have a substantial audio presence. AMX is the world leader in enterprise automation and control technology, as well as audio and video switching and distribution. With the addition of AMX, HARMAN will be uniquely positioned to provide complete audio, video, lighting and automation solutions for our customers. worldwide.”

Founded in 1982 and headquartered in Richardson, Texas, AMX's proprietary hardware and software solutions simplify the way people interact with technology, and are present around the world in a wide variety of businesses and locations, such as conference rooms, hotels, classrooms, command centers, entertainment venues and broadcast centers. AMX employs more than 600 people in 19 locations around the world.

Blake Augsburger, presidente de la división Harman Professional, ha hecho hincapié en que “a partir de la adquisición de Martin lighting el pasado año, Harman ha establecido una clara estrategia para añadir soluciones visuales a nuestro porfolio de audio. El sólido porfolio de hardware y software de distribución de vídeo de AMX es un paso significativo en el dominio del vídeo, lo que refuerza el compromiso de Harman para ampliar nuestro porfolio profesional con las tecnologías y las marcas líderes de la industria en mercados adyacentes y complementarios.”

Robert L. Fealy, presidente y director de operaciones en el Grupo Duchossois, y presidente de AMX, se ha mostrado convencido de que “esta transacción proporcionará oportunidades adicionales para hacer crecer el negocio de AMX. La venta a Harman cumple con uno de nuestros objetivos fundamentales, que era posicionar este negocio con una entidad líder que llevara a AMX a un nivel aún más alto de rendimiento y éxito”.

AMX se integrará en la división profesional de Harman, junto a marcas de referencia como como AKG Acoustics, BSS Audio, amplificadores Crown, DBX, JBL Professional, Lexicon, Soundcraft, Studer y Martin lighting.