Hi Guys/Gals,
In Phase were the world leaders who brought you Pink car audio, now JVC have finished the whole system. JVC will be releasing a Pink head unit, set to be realeased in 3 weeks this will shurly get you girls buying Pink again!!!
We will keep you posted with images as soon as we have them.
Every bean-counter knows that falling prices and shrinking margins add up to one thing - cost-cutting pressure. Now we get word that JVC and Kenwood are merging underneath a single holding company, aptly named JVC Kenwood Holdings. Hopes are high for the new company, with plans to quadruple profit in three short years by focusing on car and home audio. Expect to see more of this kind of merger/acquisition activity, especially among small- to medium-sized companies as more competition — especially from South Korea and China — ramps up. Every JVC share will be exchanged for two shares in the new company, while Kenwood stock will get a 1-for-1 rate. JVC definitely got the better end of the deal, with JVC’s president continuing on in that role with the new company. It will be interesting to watch how this might affect Kenwood/Bain Capital bidding for D&M Holdings.
The new company will be called JVC Kenwood Holdings, not JVC Holdings.
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