 In the same year, Paliwal also received the Ellis Island Medal of Honor and made a donation to Miami University's Farmer School of Business along with his wife to create the Dinesh and Ila Paliwal Innovation Chair and the Dinesh and Ila Paliwal Scholarship.Samsung announced its intent to acquire HARMAN for approximately $8 billion in November 2016, with Paliwal continuing to lead the company post-acquisition.The transaction was completed in March 2017.