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

  • Research ranks Bosch, Harman, and Continental as leading Tier One connected car vendors
    September 8, 2016
    ABI Research ranks Bosch as the leader among 20 Tier One connected car suppliers considered in its latest competitive analysis. Harman and Continental received second and third place, respectively. Bosch's explosive sales growth last year, significant capital expenditures to fund future development, cadre of strategic partnerships, and commitment to advanced driver assistance systems (ADAS) solutions place it in a strong position to pioneer the continuing evolution of the automotive industry.
    Read More
  • Trafficmaster goes global with Telenor Connexion
    July 5, 2013
    Telenor Connexion has been selected as communications partner for Trafficmaster’s global rollout of its stolen vehicle tracking solution. As part of a global development programme Trafficmaster’s Stolen Vehicle Tracking business required an advanced global roaming solution for data communications.
    Read More
  • Trimble to acquire PeopleNet
    April 19, 2012
    Trimble has signed an agreement to acquire privately-held PeopleNet, a leading provider of integrated onboard computing and mobile communications systems for fleet management. The transaction is expected to close in the third quarter of 2011.
    Read More
  • Verizon to acquire Hughes Telematics
    June 5, 2012
    Verizon Communications and Hughes Telematics have announced a definitive merger agreement under which Verizon will acquire Hughes Telematics for a total of US$612 million. Verizon says the transaction will expand its capabilities in the automotive and fleet telematics marketplace and accelerate growth in key vertical segments. Hughes offers a portfolio of services through its commercial fleet, aftermarket and original equipment manufacturer (OEM) offerings as well products and services for health providers
    Read More

Highlighted Content