Audiovox Changes Name to VOXX
Audiovox has changed its name to VOXX International, a name the company believes better represents the more than 30 global brands it has acquired and grown throughout the years. The change is designed to create a corporate umbrella for the company's various subsidiaries and brands, and to create a vehicle for each brand to emerge with its own identity.
"I founded Audiovox more than 45 years ago and the brand still holds significant meaning to me, and to the thousands of employees who were instrumental in the company's success," said John Shalam, Chairman of the Board. "While Audiovox remains a well-known and trusted consumer brand today, it became clear that due to the expansion of our portfolio, the company, our distribution partners and our customers, would be better served with a name that better reflects our strategy and global reach. We believe VOXX International Corporation retains the heritage of Audiovox, while at the same time, opens up new avenues to market our brands under a corporate umbrella."
VOXX International will continue to trade on the Nasdaq National Market under the ticker symbol VOXX.