Latest Audiovox Stories

HAUPPAUGE, N.Y., March 2, 2011 /PRNewswire/ -- Audiovox Corporation (Nasdaq: VOXX) announced today that it has completed the acquisition of the global leader in high performance audio solutions, Klipsch Group, Inc. and its worldwide subsidiaries ("Klipsch") for a total purchase price of $166 million, plus related transaction fees and expenses. The acquisition of Klipsch is expected to be immediately accretive to cash flow and earnings per diluted share ("EPS"). Audiovox anticipates this...

HAUPPAUGE, N.Y., Feb. 3, 2011 /PRNewswire/ -- Audiovox Corporation (Nasdaq: VOXX), announced today that it has entered into a definitive agreement to acquire Klipsch Group Inc. and its worldwide subsidiaries ("Klipsch") for total consideration of $166 million, subject to certain contingencies and adjustments, plus related transaction fees and expenses. Klipsch, headquartered in Indianapolis, is a global leader in providing high-performance audio solutions serving the residential,...

HAUPPAUGE, N.Y., Jan. 10, 2011 /PRNewswire/ -- Audiovox Corporation (Nasdaq: VOXX), today announced results for its Fiscal 2011 third quarter ended November 30, 2010. Commenting on the Company's performance, Pat Lavelle, President and CEO stated, "During the third quarter, our automotive business, both in the aftermarket and at the OE level, continued to offset the weakness in our consumer and accessory categories. Concerns over the state of the U.S. economy remain and while our sales in...

HAUPPAUGE, N.Y., Jan. 6, 2011 /PRNewswire/ -- Audiovox Corporation (Nasdaq: VOXX), announced today that it has recently signed a non-binding term sheet to purchase all of the shares of Klipsch Group Inc. and its worldwide subsidiaries ("Klipsch"). Klipsch is a leading, global provider of premium, high performance speakers sold through retail and installation channels. The transaction is subject to a number of contingencies, including satisfactory completion of due diligence, negotiation...

LAS VEGAS, Jan. 5, 2011 /PRNewswire/ -- International CES, Center Hall, Booth 10406-10418 -- Audiovox Corporation (Nasdaq: VOXX) - Audiovox Accessories Corporation introduced two, Personal Sound Amplifier models for consumers who want to hear better in certain situations. These new Personal Sound Amplifiers provide a highly affordable solution for consumers with mild-to-moderate hearing loss. Hearing loss is very common and a normal part of getting older - like what many of the Baby Boomers...

LAS VEGAS, Jan. 5, 2011 /PRNewswire/ -- International CES, Center Hall, Booth 10406-10418 -- Audiovox Corporation (Nasdaq: VOXX) - With the popularity of Smartphones and Tablets, and unit sales increasing with all portable devices like digital cameras, iPods and MP3 players, consumers are becoming more and more dependent upon keeping their devices fully charged. Today, RCA announced five new models of USB charging products, including a clock radio that offers USB charging. "Our new line of...

LAS VEGAS, Jan. 5, 2011 /PRNewswire/ -- International CES, Center Hall, Booth 10406-10418 - Audiovox Corporation (Nasdaq: VOXX) - Audiovox Accessories Corporation today introduced a complete line of docking stations from Acoustic Research for the iPad, iPhone, and iPod. A model for Android-based products is also included as well. "With Tablet and Smartphone sales exploding and becoming some of the fastest selling consumer electronic devices, we took an in-depth look at the Tablet and...

LAS VEGAS, Jan. 5, 2011 /PRNewswire/ -- International CES, Center Hall, Booth 10406-10418 -- Audiovox Corporation (Nasdaq: VOXX) today announced that it is expanding its focus on mobile safety to include solutions for distracted driving, which is becoming epidemic throughout the country. This new system has been developed for the automotive aftermarket where Audiovox is already an industry leader in entertainment, security and more recently safety. It is an expansion of their collision...

LAS VEGAS, Jan. 5, 2011 /PRNewswire/ -- International CES, Center Hall, Booth 10406-10418 - Audiovox Corporation (Nasdaq: VOXX), has begun shipping its new and innovative CarLink smartphone interface module. The system lets your smartphone communicate with your automobile from virtually anywhere. The new CarLink system enables users to control remote start and keyless entry features with two-way notification and comes equipped with a find feature to locate automobiles in crowded parking...

LAS VEGAS, Jan. 5, 2011 /PRNewswire/ -- International CES, Center Hall, Booth 10406-10418 -- Audiovox Corporation (Nasdaq: VOXX) today announced the expansion of its OE Sound Solution line to include nine models introduced at this year's CE show and the commitment to deliver another 8 to 10 models throughout 2011. "These new infotainment systems expand on the Company's existing line for Camry and Corolla and add head units compatible with VW, Honda, Hyundai, Toyota and GM," said Tom...