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.

Related Content

  • April 17, 2012
    Strategic road deals across India
    A series of key highway projects will help transform India’s internal links as well as its connections to neighbouring nations. A new US$1.2 billion highway in India running through Ahmedabad-Udaipur-Kishangarh through the states of Gujarat and Rajasthan is attracting strong interest. So far 11 bids have been made including offers from a consortium comprising Belford-GVK, Soma-Isolux, Vince-Hindustan Construction, IRB Infrastructure (IRB)-Reliance Infra and Plus-Nagarjuna Construction. Other bidders include
    Read More
  • April 20, 2012
    Honeywell to acquire EMS Technologies
    Honeywell has signed a definitive agreement to acquire EMS Technologies, a provider of connectivity solutions for mobile networking, rugged mobile computers, and satellite communications, for approximately $491 million. Honeywell says the acquisition will enhance its existing capabilities in rugged mobile computing technologies and satellite communications within its Automation and Control Solutions (ACS) and Aerospace businesses.
    Read More
  • May 24, 2017
    Start-ups ‘steering growth and innovation in global automotive and mobility industry’
    From devising driver monitoring systems to mapping services and driver safety data on the go, start-ups are rapidly emerging in every technological vertical in the automotive space, say Frost & Sullivan researchers. Over 1,700 start-ups are focusing on developing technologies that enable electrification, autonomous cars and mobility solutions to reduce the cost of ownership and enhance user experience. Meanwhile, original equipment manufacturer (OEM) start-up initiatives such as BMW Start-up Garage, the JLR
    Read More
  • April 9, 2014
    Global toll revenues $8.5bn while technology ‘battles’ continue
    ABI Research’s Dominique Bonte talks to Jason Barnes about trends in tolling and how a wider appreciation of technology options is sorely needed. Global Electronic Toll Collection (ETC) solution revenues will grow to $8.5bn by 2018, with ETC becoming a main source of funding for both Intelligent Transport Systems (ITS) and Vehicle-to-X (V2X) cooperative infrastructures, according to a new report from ABI Research (Chart 1). But, says the report’s author, ABI Research vice president and practice director Dom
    Read More

Highlighted Content