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New Deal


Announced

Completed

HARMAN International completed the acquisition of Apostera.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

automotive software

Cross Border

Completed

Majority

automotive

Friendly

Single Bidder

Software

Germany

Acquisition

Synopsis

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HARMAN international, a company designing and engineering connected products and solutions for automakers, consumers, and enterprises worldwide, completed the acquisition of Apostera, a German automotive software developer. Financial terms were not disclosed. "HARMAN is dedicated to delivering in-car experiences with the speed and flexibility of consumer technology together with the reliability and performance of automotive grade solutions. By seamlessly blending AR with the physical environment, Apostera’s mixed reality solution furthers this goal, transforming any display in the car into a richly contextual experience," Christian Sobottka, HARMAN President of Automotive Division.

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