Overview
- About 3,750 ZF employees are expected to transfer to Harman when the deal completes.
- Harman will acquire compute platforms, smart cameras, radar technology and driver-assistance software from the passenger-car business.
- ZF plans to use the proceeds to reduce its roughly €10.6 billion in financial liabilities.
- Electronics for chassis and passive safety will remain with ZF, which will continue ADAS work for commercial vehicles.
- Samsung-owned Harman frames the acquisition as strengthening its smart-cockpit and integrated vehicle-computing strategy as the industry shifts toward software-defined vehicles.