Audiovox Buys Invision
Audiovox Corp. announced Tuesday that it has purchased Invision Industries Inc., a manufacturer of rear seat entertainment systems.
The acquisition was done by a new subsidiary of Audiovox, Invision Automotive Systems Inc., which will report to Audiovox president Tom Malone. It will continue to operate out of Invision's Florida offices.
"One of the strengths of Invision and one of the elements that made them a particularly attractive acquisition was their history of strong relationships with some of the world's leading car makers," Audiovox CEO Patrick Lavelle said as part of the announcement.