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Harman Acquires In-Cabin Radar Sensing Pioneer Caaresys

PRIVATESep 06, 2022

Acquiring Company

HARMAN

Acquired Company

In-cabin Radar

StamfordManufacturingSoftwareMobileConsumer ElectronicsAudioElectronics

Description

HARMAN International, a wholly-owned subsidiary of Samsung Electronics Co., Ltd. focused on connected technologies for automotive, consumer and enterprise markets, today announced the acquisition of CAARESYS, an Israel-based company founded in 2017 that develops vehicle passenger monitoring systems powered by contactless, low-emission radar. CAARESYS has successfully partnered with leading OEMs and provides a mass production solution for cabin monitoring including vital signs sensing, passenger localization and Child Presence Detection (CPD).

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Company Information

Company

HARMAN

Location

Stamford, Connecticut, United States

About

HARMAN designs and manufactures consumer and professional audio products, automotive electronics and audio systems -- but we also do so much more. We’re engineering the future of connectivity—where every interaction is smarter, faster, and more immersive. Our iconic audio brands bring premium sound to consumers and audio/visual professionals worldwide. More than 50 million vehicles globally rely on HARMAN’s technologies to deliver safer, smarter, and more intuitive in-cabin experiences. HARMAN is a wholly owned subsidiary of Samsung Electronics Co., Ltd. and has approximately 25,000 employees around the world. HARMAN is an Equal Opportunity employer. Minorities, women, veterans and individuals with disabilities are encouraged to apply. HARMAN offers a great work environment, challenging career opportunities, professional training and competitive compensation. Looking for a challenge where your experience is valued? Come see what you can achieve as a leader with HARMAN!

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Frequently asked

Who acquired In-cabin Radar?

In-cabin Radar was acquired by HARMAN, based in Stamford. The deal was reported on September 6, 2022. HARMAN designs and manufactures consumer and professional audio products, automotive electronics and audio systems -- but we also do so much more. HARMAN is privately held and operates in Manufacturing.

When did HARMAN acquire In-cabin Radar?

HARMAN's acquisition of In-cabin Radar was reported on September 6, 2022. HARMAN International, a wholly-owned subsidiary of Samsung Electronics Co., Ltd. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does In-cabin Radar do?

In-cabin Radar is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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