Automotive Electronics: Samsung’s Harman Announces Acquisition of Savari

- Advertisement -

Savari employees will join HARMAN upon closing of the deal, and will be integrated into HARMAN’s Automotive division

HARMAN International, a wholly-owned subsidiary of Samsung Electronics Co., Ltd. has announced the acquisition of substantially all the assets of Savari, Inc. The latter is a Silicon Valley-based automotive technology company developing vehicle-to-everything communications (V2X) technology in 5G Edge and automotive devices.

“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,” said Christian Sobottka, President, Automotive Division, HARMAN.

- Advertisement -

Sonottka added, “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.”

Savari’s software and hardware technology will be used to enhance HARMAN’s 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. Savari deploys V2X sensor solutions and edge-based analytics for automotive and smart infrastructure, including Vehicle-to-Infrastructure, Vehicle-to-Phone for pedestrians and bicyclists, Vehicle-to-Vehicle and Infrastructure-to-Phone. Savari’s hardware and software are radio agnostic, designed to fit any standards-compliant radio.

“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,” noted Ravi Puvvala, Founder and CEO, Savari.

Puvvala added, “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.”

Savari employees will join HARMAN upon closing of the deal, and will be integrated into HARMAN’s Automotive division, a tier one automotive supplier for connected car, car audio and connected vehicle services.

- Advertisement -

Most Popular Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

“AIC-T-Hub Aims To Grow Startups So More Indian Unicorns Can Contribute To The GDP”

0
T-Hub has collaborated with Atal Incubation Centre (AIC), initiated by the Atal Innovation Mission to incubate semiconductor startups, fostering innovation for India’s advancement in...

Pros And Cons: Boult’s Varun Gupta On Contract Electronics Manufacturing

0
While contract electronics manufacturing is not a new concept in India, it has lately picked up a pace never seen before. But what has...

Crompton Greaves Starts Kitchen Appliance Manufacturing In Vadodara

0
This move aims to boost product quality and operational efficiency, enhancing the delivery of innovative, high-quality kitchen solutions to meet growing consumer demands. Crompton Greaves...

Buzz

ASUS IoT And BRESSNER Technology Launch CTOS

0
The collaborative approach seamlessly integrates advanced features across CTOS solutions, fostering synergy. ASUS IoT has recently unveiled a strategic collaboration with BRESSNER Technology, aiming to...

Samsung Appoints Veteran Amid AI Chip Challenges

0
This shake-up, effective immediately, sees Young Hyun Jun transitioning from his role in future business planning to tackle the booming demand for high-end AI...

Imec-Led European Labs To Get $2.7B From Chips Act Funding

0
Europe's chip revolution gains momentum with a €2.5 billion investment in cutting-edge pilot production line for sub-2nm technologies, aiming to elevate domestic production and...

Important Sectors

Samsung Appoints Veteran Amid AI Chip Challenges

0
This shake-up, effective immediately, sees Young Hyun Jun transitioning from his role in future business planning to tackle the booming demand for high-end AI...

Imec-Led European Labs To Get $2.7B From Chips Act Funding

0
Europe's chip revolution gains momentum with a €2.5 billion investment in cutting-edge pilot production line for sub-2nm technologies, aiming to elevate domestic production and...

Progress And Challenges In Autonomous Commuting

0
Despite over a decade of technological advancements and testing in cities like Phoenix and San Francisco, robotaxis still faces significant hurdles.  Companies like Waymo, Cruise,...

New EV Policy Offers Incentives For Plant And Machinery Investments

0
Investments in creating physical infrastructure such as plants, machinery, charging stations, and other assets developed or acquired by companies will qualify for incentives under...

Dr Yashodhan Gokhale Joins JSW Energy As VP

0
Interestingly, he had started his professional innings in the role of a Research Chemist with Sudarshan Chemical Industries Dr Yashodhan Pramod Gokhale has joined JSW...

Manufacturing

Imec-Led European Labs To Get $2.7B From Chips Act Funding

0
Europe's chip revolution gains momentum with a €2.5 billion investment in cutting-edge pilot production line for sub-2nm technologies, aiming to elevate domestic production and...

EVR Motors Discusses Tech Sharing With Indian OEMs

0
The Israel-based EVR Motors designs Radial Flux Permanent Magnet (RFPM) motors and licenses this technology for manufacturing by OEMs and component makers. EVR Motors, an...

Automotive Electronics Industry Growth Prospects And Strategies

0
From electric vehicles (EVs) to autonomous vehicles, discover the challenges, key players, and market segments driving a $136 billion industry revolutionising vehicles and the...
Siemens and CSA

Siemens To Sell Innomotics To KPS For $3.8B

0
Siemens chief financial officer Ralf Thomas expressed his pleasure at the significant progress made in optimizing their portfolio through the sale of Innomotics to...
Siemens and CSA

Siemens Limited Announces ₹1000 Crore Capex

0
In a statement, Siemens announced that it is expanding its factory operations in Goa to address the rapidly growing demand for essential industry components. Siemens...