Originally posted on TechCrunch:
Harman, one of the world's largest audio companies with brands like JBL, Harman Kardon, Infinity and many others under its wing, is now investing big in the technology and networking that goes into delivering data wirelessly.
Today, the company announced two acquisitions that collectively put a dent of at least $1 billion in its coffers, but also position it to move aggressively into over-the-air service delivery to wireless devices like smartphones, tablets, cars and the connected home.
The company is acquiring Symphony Teleca, a Mountain View-based specialist in software and services for cloud-based and wireless businesses, including around Internet-of-things applications. And it is also buying Red Bend Software, an Israel-based developer of over-the-air upgrading and other software management services.
Symphony Teleca, up to now a privately-held company with 8,000 employees, "predominantly software engineers and designers," had sales of $370 million in 2014.
It has 300 active customers including Google, Microsoft, Intel, Adobe, Jaguar Land Rover, Verizon, Comcast, Sirius XM and...
