Yurbuds

Harman International Industries, Inc. announced today that is has acquired St. Louis-based Yurbuds, LLC., a manufacturer of headphones. Terms of the transaction were not disclosed. The acquisition seems surprising, given the fact that Harman already owns brands such as JBL and AKG that already offer headphones.

Why would a company that already offers headphones, acquire a headphone company? See more… [Read more…] about Harman Acquires Headphone Maker Yurbuds