Jordan Brown

American audio equipment company Harman has signed a deal with The Duchossois Group to acquire control and automation systems company AMX for $365 million.

The acquisition will see Harman expand into new territory thanks to AMX's firm reputation as a world leader in control system development. The addition of AMX's portfolio to Harman's strong reputation for quality professional audio means that Harman will be in a position to deliver more innovative solutions to its customers.

While Harman is well renowned for providing infotainment and audio for cars, the company is well known for its consumer and professional brands including  Harman Kardon, JBL and Lexicon. The acquisition of AMX follows the company's recent acquisition of Martin lighting and is a continuation of the company's efforts to expand their audio portfolio to include visual solutions.

Dinesh C. Paliwal, Chairman, President and CEO of Harman, said, “Harman is the leader in smart connectivity. Our vision is to extend our reach beyond the car into the enterprise, where we already have a substantial audio presence. AMX is the global technology leader in enterprise control and automation 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 to our customers globally.”

The acquisition is sure to see both brands' reputations boosted further in the global market.