Harman International Industries Inc. (NYSE: HAR) is buying automotive cybersecurity company TowerSec for an undisclosed amount.
TowerSec, based in Ann Arbor, Michigan, and founded in 2012, makes cybersecurity technology for automotive manufacturers. The target is known for its Ecushield and Tcushield software products. TowerSec also has operations in Maryland, Germany and Israel. Harman, located in Stamford, Conneticut, produces speakers, audio systems and other electronics for cars.