Voxx Completes Sale of Hirschmann to TE Connectivity Unit for $170 Million
Voxx closed on its sale of Hirschmann Car Communication to a subsidiary of TE Connectivity, it said in a Thursday announcement. The company said in June (see 1706260020 or 1706260033) it was selling Hirschmann and its antenna and tuner business…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
but will continue its automotive aftermarket business through proprietary brands and third-party distribution agreements for rear-seat infotainment, satellite radio products, telematics, car security and remote start products. Voxx received approximately $170 million from the sale.