HARMAN to Acquire Interchain Solution of Bangalore

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HARMAN, the premium global audio and infotainment group (NYSE: HAR), today announced that it has entered into a definitive agreement to acquire Interchain Solution, a technology product company that specializes in developing telematics, fleet management, Android based in-vehicle infotainment and location-based solutions. Based in Bangalore, the company was founded in 2007 to bring connectivity and location-based services to enterprises and individual consumers alike. The transaction is subject to customary closing conditions and it is expected to close in late August.

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