Wiggin and Dana Advises Harman International Industries in Acquisition of I.P.S.G. International Product Group Pty and VFX Systems Pty

December 29, 2014

Wiggin and Dana served as lead counsel to client Harman International Industries, Incorporated (NYSE: HAR), a leader in the premium audio and infotainment industry, in its acquisition of I.P.S.G. International Product Group Pty. Ltd. and VFX Systems Pty Ltd., Australia-based companies specializing in the manufacture and distribution of audio equipment. Harman purchased 100% of the outstanding equity of I.P.S.G. and VFX through an Australian subsidiary in a transaction that involved collaboration among legal teams in Australia, the United States and the United Kingdom.

The Wiggin and Dana team advising Harman consisted of Corporate partner David Schaffer and Corporate associate Jonathan Medalsy.

Wiggin and Dana also recently advised Harman on its acquisition of assets from Verto Medical Solutions, LLC (d/b/a Yurbuds) and Sentient Magnetics, Inc.

For more information about the Wiggin and Dana M&A Practice Group, please click here.