Visteon to acquire automotive electronics business from Johnson Controls  [ USA ]

Visteon Corporation announced that it has agreed to purchase the automotive electronics business of Johnson Controls Inc. in a cash transaction valued at USD 265 million. The acquisition is expected to be completed in the second quarter of 2014. Under the terms of the agreement, Visteon will acquire Johnson Controls' instrument cluster, infotainment, display, and body electronics products. The ...
<Jan 13, 2014>