By Lisa Johnston
New products on display at the American International Toy Fair, held in N
Audiovox Electronics said it has signed a non-binding letter of intent to purchase the assets of car security supplier Code-Alarm.
Audiovox Electronics president and CEO Pat Lavelle said the acquisition would strengthen Audiovox's position in both the OEM and retail markets.
Hauppauge, N.Y.-based Audiovox said completion of the transaction is subject to several conditions, including resolution of the status of certain customer agreements.
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.