VOXX International Confirms Joint Venture Agreement With Sharp To Acquire Onkyo Home Entertainment Business

VOXX International announced that its wholly-owned subsidiary, Premium Audio Company, and Sharp have successfully entered into a joint venture to acquire certain assets of the audio/video business of Onkyo Home Entertainment Corporation. This follows the Asset Purchase Agreement signed by the parties as announced on May 3, 2021. Premium Audio will own Onkyo and Integra products, IP and brands, and will market and sell the Pioneer and Pioneer Elite brands worldwide, except in China.