onkyo / integra / pioneer - יצאו לדרך חדשה .

אודיו בקולנוע-ביתי ופורמטים רב-ערוציים - רסיברים, מגברי כח-רב ערוציים, פרוססורי-אודיו וכו'
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הצטרף: מאי 2013
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Re: Re: חדשות טובות ל - ONKYO .[ המצב ממשיך להשתפר ]

נושא שלא נקרא #31 

אם עדיין היה קיים ספק לגבי המכירה של - ONKYO אתמול יצאה הכרזה לתקשורת .
VOXX International Corporation's Subsidiary, Premium Audio Company, LLC, Enters Into JointVenture Agreement With Sharp Corporation; Joint Venture To Acquire The Audio/Video Business OfOnkyo Home Entertainment CorporationJune 28, 2021ORLANDO, Fla., June 28, 2021 /PRNewswire/ -- VOXX International Corporation (NASDAQ: VOXX) ("VOXX" or the "Company"), a leadingmanufacturer and distributor of automotive and consumer technologies for the global markets, today announced that its wholly-owned subsidiary,Premium Audio Company, LLC, and Sharp Corporation ("Sharp") have successfully entered into a joint venture (the "JV") to acquire certain assets ofthe audio/video business of Onkyo Home Entertainment Corporation ("Onkyo"). This follows the Asset Purchase Agreement signed by the parties asannounced on June 3, 2021.The proposed transaction was approved by Onkyo shareholders at its Ordinary General Meeting of Shareholders held on June 25, 2021 and waspreviously approved by Onkyo's Board of Directors. The total purchase price for the transaction is $30.8 million, plus the assumption of certainliabilities and future payment of commissions to Onkyo on certain product sales. Premium Audio Company will own approximately 75% and Sharp willown approximately 25% of the JV.Premium Audio Company will handle distribution worldwide and be responsible for all sales and marketing activities. Sharp, though its manufacturingfacility in Malaysia, will be responsible for manufacturing. The acquisition will provide the JV with ownership of the brands, intellectual property,engineering, and manufacturing rights of the Onkyo and Integra brands. Further, VOXX International has entered into a new licensing agreement withPioneer Corporation and per this licensing agreement, Premium Audio Company will market and sell the Pioneer and Pioneer Elite brands worldwide,excluding the Peoples Republic of China.Onkyo Home Entertainment Corporation is a leader in the audio and video home entertainment industry, with one of the most respected names inhome theater systems. Onkyo markets and sells a variety of products under the Onkyo and Integra brands in home audio, lifestyle audio, hi-ficomponents, and speaker systems, all of which VOXX, through the joint venture between Premium Audio Company and Sharp, will now own. Further,licensed products from Pioneer will include audio/video receivers and sound bars for home use and home-theater systems.Pat Lavelle, President and Chief Executive Officer of VOXX International stated, "This is another milestone for VOXX and our shareholders, as wehave aligned with a strong manufacturing partner in Sharp, while adding powerful brands, products and engineering capabilities to our Company. It willtake time to ramp up production and secure parts, given near-term industry headwinds, but believe this transaction will lead to significant growth andimproved profitability in the years ahead. In fiscal 2022, we anticipate net sales of approximately $50.0 million, with upside thereafter as we leverageour distribution domestically and abroad. We look forward to welcoming the Onkyo team to the VOXX family."Finalization of the transaction is subject to customary and regulatory closing conditions and is expected to be consummated on or before August 30,2021.About VOXX International CorporationVOXX International Corporation (NASDAQ: VOXX) has grown into a leader in Automotive Electronics and Consumer Electronics, with emergingBiometrics technology to capitalize on the increased need for advanced security. Over the past several decades, with a portfolio of approximately 35trusted brands, VOXX has built market-leading positions in in-vehicle entertainment, automotive security, reception products, a number of premiumaudio market segments, and more. VOXX is a global company, with an extensive distribution network that includes power retailers, massmerchandisers, 12-volt specialists and many of the world's leading automotive manufacturers. For additional information, please visit our websiteat www.voxxintl.com.Safe Harbor StatementExcept for historical information contained herein, statements made in this release constitute forward-looking statements and thus may involve certainrisks and uncertainties. All forward-looking statements made in this release are based on currently available information and the Company assumesno responsibility to update any such forward-looking statements. The following factors, among others, may cause actual results to differ materiallyfrom the results suggested in the forward-looking statements. The factors include, but are not limited to the: risk factors described in the Company'sannual report on Form 10-K for the fiscal year ended February 28, 2021, and other filings made by the Company from time to time with the SEC. Thefactors described in such SEC filings include, without limitation: the impact of the COVID-19 outbreak on the Company's results of operations, theCompany's ability to realize the anticipated results of its business realignment; cybersecurity risks; risks that may result from changes in theCompany's business operations; our ability to keep pace with technological advances; significant competition in the automotive electronics, consumerelectronics and biometrics businesses; our relationships with key suppliers and customers; quality and consumer acceptance of newly introducedproducts; market volatility; non-availability of product; excess inventory; price and product competition; new product introductions; foreign currencyfluctuations; and restrictive debt covenants. Many of the foregoing risks and uncertainties are, and will be, exacerbated by the COVID-19 pandemicand any worsening of the global business and economic environment as a result. The Company assumes no obligation and does not intend to updatethese forward-looking statements.Investor and Media Relations Contact:
https://investors.voxxintl.com/news-rel ... io-company

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