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Announced

Gentex to acquire VOXX International for $196m.

Synopsis

Gentex, a supplier of digital vision, connected car, dimmable glass and fire protection technologies, agreed to acquire VOXX International, a consumer electronics company, for $196m. "The acquisition of VOXX is a strategic addition to the Gentex portfolio of products. The majority of the revenue of VOXX is comprised of automotive OEM and aftermarket business, as well as the consumer electronics industry. Through the transaction, Gentex will gain full access to the EyeLock® iris biometric technology, which represents a unique, extremely accurate and highly secure method of authentication, which will provide further product applications into the Gentex automotive, aerospace and medical markets," Gentex.

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