[opendtv] Re: RCA Brand Name sells again
- From: "negrjp" <negrjp@xxxxxxxxxx>
- To: "opendtv" <opendtv@xxxxxxxxxxxxx>
- Date: Wed, 17 Oct 2007 05:34:45 -0300
The RCA's dog haven't a master again...
Jonas
The RCA Brand Name has been sold again. For even less money I think.
Regards, Bill Hogan
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Audiovox to Acquire Thomson's Audio/Video Electronics Unit
Submitted by Mark Hefflinger on October 16, 2007 - 12:52pm.
Hauppauge, N.Y. - Audiovox, a supplier and value-added service provider to the
consumer electronics industry, on Tuesday announced that it has agreed to
acquire Thomson's U.S., Canada, China and Hong Kong consumer electronics audio
video business.
The purchase price is $19.7 million, plus a net asset payment, plus a five-year
fee related to the RCA brand in the consumer electronics audio video product
field.
The acquisition will add about $150 million in annual sales for Audiovox, the
company said.
In January 2007, Audiovox completed its acquisition of Thomson America's
consumer electronics accessory business for $59 million.
That deal gave Audiovox the rights to the RCA brand for consumer electronics
accessories.
Related Links:
http://tinyurl.com/38mmn3
http://www.audiovox.com
http://www.thomson.net
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