Audiovox Buys Invision Industries - Twice

Audiovox Buys Invision Industries

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HAUPPAUGE, N.Y. — Audiovox has acquired Invision Industries, a major supplier of rear-seat entertainment systems to automakers and car dealers. Terms weren’t disclosed.

Audiovox’s latest acquisition includes Invision’s patent portfolio, a manufacturing facility, a support team and R&D capabilities, Audiovox said. Invision has a “history of strong relationships with some of the world’s leading car makers,” said Audiovox president/CEO Pat Lavelle. The acquisition “will enhance our position as a significant supplier to the OE market.” The addition of Invision personnel “will add a greater dimension to our OE mobile electronic sales capabilities and product development initiatives,” he added.

Audiovox is also a supplier of rearseat entertainment systems to automakers as well as to car dealers. Car dealer products include an Advent-brand, expediter-channel FLO TV system that connects to any existing in-vehicle DVD-monitor system.]

Kissimmee, Fla.-based Invision will report to Tom Malone, president of Audiovox Electronics.

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