Gentex has agreed to acquire Johnson Controls’ HomeLink vehicle-based control system business for US$700m. The deal, which is expected to be finalised by 30 September 2013, is part of JCI’s efforts to sell off the entire electronics business. In March this year, JCI confirmed that it was looking for a buyer Subscribe to Automotive World … Continued
Gentex has agreed to acquire Johnson Controls’ HomeLink vehicle-based control system business for US$700m. The deal, which is expected to be finalised by 30 September 2013, is part of JCI’s efforts to sell off the entire electronics business.
In March this year, JCI confirmed that it was looking for a buyer
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Subscribe
Already a member?
https://www.automotiveworld.com/articles/jci-breaks-up-electronics-unit-with-homelink-sale/
Join our LinkedIn Group
Let us help you understand the future of mobility