Skip to main content

Harman to acquire Interchain Solution of Bangalore

Harman, the global audio and infotainment group has entered into a definitive agreement to acquire Interchain Solution, based in Bangalore, India. The company has an array of cost-effective hardware platforms which are deployed for fleet tracking, connectivity, telematics applications and an Android-based Infotainment solution for automotive OEMs. Some of Interchain’s current customers include TeleAtlas, Aljacs Toyota, MapmyIndia and government institutions such as police and transport departments of variou
August 8, 2012 Read time: 1 min
RSS6328 Harman, the global audio and infotainment group has entered into a definitive agreement to acquire 6329 Interchain Solution, based in Bangalore, India. The company has an array of cost-effective hardware platforms which are deployed for fleet tracking, connectivity, telematics applications and an Android-based Infotainment solution for automotive OEMs. Some of Interchain’s current customers include 571 Tele Atlas, 6332 Aljacs 1686 Toyota, 6330 MapmyIndia and government institutions such as police and transport departments of various cities across India.

Harman says the acquisition will expand its design and engineering footprint in India as well as augment the company’s automotive infotainment and telematics offerings. Interchain’s products such as GWVectra and GWTrack will complement Harman’s portfolio and also expand the company’s reach to include commercial vehicle makers.

In addition to planned integration with Harman, Interchain will continue working with its existing customers in deploying and maintaining its custom solutions.

For more information on companies in this article

Related Content

  • Another 10,000 security cameras to be deployed across Bangkok
    August 3, 2012
    The Bangkok Metropolitan Administration (BMA) is to install another 10,000 security cameras equipped with links to police stations at strategic locations across the Thai city by the end of this year. Data from the new cameras, along with the 10,000 that have already been deployed, will also be used by the intelligent traffic information centre and the Traffic Police Division to monitor traffic conditions across the city.
  • Q-Free acquires Open Roads Consulting
    July 17, 2014
    Q-Free has signed a Share Purchase Agreement (SPA) for the acquisition of Open Roads Consulting for a cash consideration of approximately US$6.2 million. Further consideration is dependent on future financial performance. The transaction is expected to be closed within the end of the third quarter 2014. The acquisition represents a milestone for Q-Free and is a strategically good match with other advanced traffic management systems (ATMS) and road user charging (RUC) activities within the group. It will
  • Mobility, autonomous vehicles, connected cars and big data analytics ‘present growth opportunities in 2017’
    June 8, 2017
    New research by Frost & Sullivan indicates that e-mobility solutions, autonomous vehicle technology, and other digitisation advances are creating new and exciting opportunities in the automotive industry.
  • Trimble wins US govt blanket purchase agreement for fleet management
    April 25, 2012
    Trimble has been awarded a Blanket Purchase Agreement (BPA) by the US General Services Administration (GSA) Federal Acquisition Service for its fleet management solution. The BPA will be administered by GSA Fleet and gives fleet managers the option to implement Trimble's vehicle monitoring, maintenance, driver safety, and driver identification products and services.