JVCKENWOOD Corporation to Acquire EF Johnson Technologies, Inc. -- IRVING, Texas, Jan. 31, 2014 /PRNewswire/ --
IRVING, Texas, Jan. 31, 2014 /PRNewswire/ -- 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.
IRVING, Texas, Jan. 31, 2014 /PRNewswire/ -- 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.
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