VOXX International Corporation Agrees to Acquire The Home Audio/Video Business of Onkyo Home Entertainment Corporation
VOXX International Corporation announced that it has signed a Letter of Intent to acquire the Home Audio/Video business of Onkyo Home Entertainment Corporation, along with Sharp Corporation as its partner. VOXX and Sharp have been granted exclusivity while discussions remain underway. VOXX had recently been confirmed as the exclusive distributor in the Americas of the Onkyo brand.