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JCI breaks up electronics unit with HomeLink sale

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

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