Samsung’s Harman acquires music streaming, discovery platform ‘Roon’
Samsung’s wholly-owned subsidiary Harman said it has acquired Roon, a music management, discovery, and streaming platform.
Roon is also a manufacturer of a line of hardware server appliances called ‘Nucleus’. The companies, however, did not disclose the financial details of the acquisition.
“The team at Roon shares our passion in bringing exceptional sound and connectivity to music lovers as they browse, discover, and listen at home and on the go. We are looking forward to welcoming Roon, whose impressive talent will join the HARMAN family and bolster our already robust engineering capabilities,” said Dave Rogers, President, Lifestyle Division, Harman.
Roon will operate as a standalone Harman business with its existing team, and all Roon operations will stay in place, Stamford, Connecticut-headquartered Harman said.
Harman, meanwhile, said it is “committed to growing Roon’s open device ecosystem which includes collaborating with more than 160 other audio brands, delivering audio to more than 1000 high-performance devices”.
“Our team is ecstatic to join HARMAN, a visionary company that has been leading the audio industry forward for decades,” said Enno Vandermeer, CEO of Roon. “We look forward to continuing to bring our advanced data management, SaaS expertise, and consumer engagement capabilities to our broad ecosystem of partners, as we join forces with HARMAN to deliver even greater audio experiences to our customers.”