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

  • Developing markets to drive commercial telematics systems to $12 billion by 2016
    May 18, 2012
    Fleet management and trailer tracking system revenues will grow at a CAGR of 19.4 per cent in the next five years, rising from about US$5 billion in 2011 to exceed $12 billion in 2016. ABI Research Telematics and Navigation Group Director Dominique Bonte comments: "While commercial telematics in developed markets such as North America and Western Europe is reaching maturity, especially in the trucking segment, the major growth in future is expected to come from developing regions where safety and security r
  • Ensure transport works are fit to work with DrugCheck 3000
    January 14, 2016
    DrugCheck 3000, the latest drug testing device from safety technology supplier Dräger, has been developed for the transport and logistics sector and has been designed to test for impairment, as opposed to historical drug use, in up to five banned substances. This ensures a clear focus on making sure workers are fit and safe to work.
  • GE researchers developing at-home refuelling station for NG vehicles
    July 20, 2012
    In what could help fuel widespread adoption of natural gas-powered (NG) vehicles in the US and globally, GE researchers, in partnership with Chart Industries and scientists at the University of Missouri, have been awarded a programme through Advanced Research Projects Agency for Energy (ARPA-E) to develop an affordable at-home refuelling station that would meet ARPA-E’s target of $500 per station and reduce re-fuelling times from 5-8 hours to less than 1 hour. Natural gas prices are at an all-time low and t
  • Consortium to build Finnish motorway
    March 4, 2015
    The Finnish Transport Agency has appointed a consortium of Meridiam Infrastructure and YIT Rakennus as the service provider which will build the E18 Hamina–Vaalimaa motorway in Finland on a public-private partnership (PPP) basis. Construction will commence in autumn 2015 and the entire motorway is estimated to be completed in 2018. The consortium will be responsible for financing of the project, as well as planning, construction and maintenance for a period of 20 years. The E18 Hamina–Vaalimaa project compr