Deals
Harman Spending Almost $1 Billion on Software Acquisitions
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Harman International Industries Inc. agreed to pay almost $1 billion to buy two software companies as the maker of automotive infotainment systems seeks to expand that business.
The acquisitions are $780 million for Symphony Teleca, a software services company, and $170 million for Red Bend Software Inc., which specializes in connected devices and over-the-air upgrades, according to statements Thursday.