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This is an interesting acquisition as it combines hardware, software, and services in an effort to capture the emerging opportunities created by Internet of Things (IoT) especially in "Connected Cars". Dinesh C. Paliwal, HARMAN Chairman, President and CEO, said, “The Internet of Things (IoT) is ushering in a rapid convergence of experiences, content and commerce and advancing technology from digital to connected to intelligent systems. Software is driving this evolution and as a result, software solutions and services will be key to HARMAN’s continued success."
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