EF Johnson Technologies, Inc. announced today that JVCKENWOOD Corporation has entered into a definitive agreement to acquire the company from its current owner, Francisco Partners. The transaction is expected to be completed in the first quarter of 2014 subject to regulatory approvals and customary closing conditions. This pending acquisition is integral to JVCKENWOOD's overall strategic initiative to increase its focus on professional communications, especially the U.S. public safety market.
GPS Comes Standard with New Kenwood NEXEDGE® Mobiles
To continue with its move towards becoming a valued name in the communication industry, Kenwood has announced a key feature for NEXEDGE mobile radios. Kenwood has included GPS as a standard feature with NX-720/820 Mobile Radios. (External Link)