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

  • Mixed results for public-private traffic management partnerships
    January 25, 2012
    David Crawford looks at the somewhat patchy success to date of trying to involve the private sector in operating traffic management centres
    Read More
  • Rekor to acquire Waycare for $61m
    August 17, 2021
    Waycare AI platform to integrate with Rekor One 
    Read More
  • Contactless technology paves the way for cross-border interoperability
    November 7, 2012
    Belgian public transport operators De Lijn and TEC, and parking operator Interparking, have selected ASK, French provider of contactless technology, as the supplier of interoperable MoBIB contactless smart cards for transportation in Belgium. MoBIB is a multi-application and multimodal contactless card based on ASK’s TanGO CT 4018 EMV compliant contactless card, with embedded increased cryptography and triple DES security, allowing each operator and service provider to maintain and manage its own customer
    Read More
  • Travel information is heading towards smartphones
    January 30, 2012
    Travel information services are undergoing a step change as rapid increase in sales of smartphones brings ITS technology to consumers' fingertips. A virtuous circle of expanding capability is under way in traffic and travel information services, promising much for drivers and reduction of road congestion. A recent rapid rise in sales of smartphones has boosted numbers of vehicles carrying GPS enabled devices and so brought expansion of traffic data available for analysis and dissemination. Greater numbers o
    Read More

Highlighted Content