Harman’s First Bet After Samsung Deal Is Car Dashboard Projector
- Investment brings total raised by startup Navdy to $42 million
- Companies will work together on selling new device in 2017
Navdy
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Harman International Industries Inc. invested in a startup that makes projection displays that sit in front of car windshields, signalling a new area it plans to explore under the ownership of Samsung Electronics Co.
The investment in Navdy Inc. is Harman’s first since agreeing to sell itself to Samsung for $8 billion last month. Harman will work with the startup to sell co-branded devices next year, said Doug Simpson, Navdy’s chief executive officer.