HARMAN International, a wholly-owned subsidiary of Samsung Electronics Co., Ltd. has announced the acquisition of substantially all the assets of Savari, Inc., a Silicon Valley-based automotive technology company developing vehicle-to-everything communications (V2X) technology.
Savari’s software and hardware technology will enhance HARMAN’s comprehensive automotive telematics and advanced driving assistance systems (ADAS) capabilities, and expand the company’s strengths in 5G Edge, multi-access edge computing (MEC) and smart infrastructure solutions.
Upon closing of the deal, Savari employees will join HARMAN and will be integrated into its Automotive division, a tier one automotive supplier for connected car, car audio and connected vehicle services.
Christian Sobottka, President, Automotive Division, HARMAN, says: “Sensor technology is a core building block to propel the future of advanced mobility and automated driving. The integration of connected cars, cities and devices is only possible through a comprehensive software and hardware stack including sensors, 5G connectivity, edge computing and more. Adding Savari’s MEC technology and team of experts is an important component as we continue to build an open platform based on 5G and V2X, working with several partners across the industry to meet the unique needs of our customers globally.”
Ravi Puvvala, Founder and CEO, Savari, says: “HARMAN is the foremost connected technologies and automotive mobility leader, with the brand strength, scale and resources to accelerate V2X and 5G Edge platforms to market. I look forward to joining HARMAN, and working with their ecosystem of customers and partners, to advance the future of our connected infrastructure and realize safer, more efficient transportation.”
HARMAN has a workforce of approximately 30,000 people across the Americas, Europe, and Asia.