Entertainment Lighting Leader, Martin Professional, Sold for $146M

(By Balaseshan) Harman International Industries Inc. (NYSE: HAR 43.370.88), which manufactures audio and infotainment systems, said it has agreed to buy entertainment lighting company Martin Professional A/S of Denmark for 110 million euros ($146 million).

Founded in 1987 and headquartered in Aarhus, Denmark, Martin Professional is a player in the creation of dynamic lighting solutions for the entertainment, architectural, and commercial sectors.  Read more.