Harman, seller of Infinity and JBL audio products, has purchased Bang & Olufsen's Automotive car audio business. The acquisition was made for $156 million.

Bang & Olufsen products are known for being part of high-end vehicles such as Audi, BMW, Astin Martin and Mercedez-Benz. At this time, Harman has no plans to bring the brand to the aftermarket. The purchase does not include the company's consumer electronics business.