Harman completes acquisition of Symphony Teleca

Symphony Teleca is a provider of software engineering and integration services that helps businesses design and develop products and technologies at the convergence of device, sensors, cloud and data. “The rapid growth of IoT and convergence of cloud, mobility and analytics is driving enormous opportunities across all areas of life,” said Dinesh C. Paliwal, HARMAN Chairman, President and Chief Executive Officer. “With the addition of Symphony Teleca, HARMAN is gaining greater scale and depth in software and services to accelerate innovation and expand the markets we serve. Today marks a transformational day for our company as we form a fourth division – HARMAN Services – and welcome 8,000 new members to our team.” Harman Services, led by former Symphony Teleca CEO Sanjay Dhawan, will incorporate Symphony Teleca’s business and focus on key verticals where both Harman and Symphony Teleca have an established presence, including automotive, mobile, telecom, media, consumer electronics, retail and healthcare.