Masimo Corporation, a leading global medical innovator, today announced that it has entered into a definitive agreement to sell its Sound United consumer audio business to HARMAN International, a ...

SEOUL (Reuters) -Samsung Electronics 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 ...

Masimo said Tuesday it agreed to sell its Sound United consumer audio portfolio for $350 million to Samsung Electronics’ Harman International unit, freeing the company to focus on its ...

Masimo, better known for sticking sensors on sick people than flogging headphones, has finally offloaded its Sound United consumer audio unit to HARMAN International for $350 million in cash.

Harman plans to merge Masimo’s audio division with its own lifestyle division, aiming to secure the No. 1 spot in the global consumer audio market, which is projected to grow from $60.8 billion ...

Masimo to sell consumer audio unit to HARMAN for $350 million ...

As a result, unlike Masimo, which is primarily a medical technology company, Harman has the resources, knowledge and consumer focus for the audio brands it wants to acquire.

Investors Eli Kammerman Phone: (949) 297-7077 Email: [email protected]. HARMAN Contacts Carole Campbell Phone: +49 171 867 4151 Email: [email protected].

Masimo has provided an optimistic outlook for 2025, projecting healthcare revenue growth of 8-10% and setting non-GAAP EPS guidance between $5.10 and $5.40, indicating a growth of 22-29%.