Tuesday, February 28, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Group Disbands Its Future Strategy Office
Pioneer BDR-XD06J-UHD Is The First Portable UHD BD PC Drive
MWC 2017: Porsche Design Reveals 2-in-1 with Windows 10
GDC 17: Google Announces New Games For Daydream
Oppo Brings 5X Optical Zoom To Dual-camera Smartphones
Kingston Ships 2TB USB Flash Drive
One-Blue Lowers Blu-ray Licensing Fees
Twitch to Sell Video Games on Streaming Site
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Consumer Electronics > Pioneer...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, March 02, 2015
Pioneer Competes transfer Of DJ, Home Electronics and Headphones Businesses


Pioneer on Monday announced the completion of a share purchase agreement between Pioneer DJ and KKR, along with the completion of the transfer of Pioneer Group’s home AV business, phone business and headphone-related business to the Onkyo Group.

KKR and Pioneer are now owning 85.05% and 14.95%, respectively, of Pioneer DJ holding company PDJ Holdings Co., Ltd.

Pioneer DJ develops and markets equipment for DJs, including CD players, mixers, controllers, headphones and speakers. It has a leading presence in the DJ equipment market with the top global market share, strong brand image, as well as high profitability.

"Pioneer and KKR will jointly leverage their respective business resources, brand power and technological capability, as well as global technology and media industry investment experience and networks to together aim for the further growth of Pioneer DJ," the two companies said.

As a result of the transaction, Pioneer Europe NV is transferring the DJ business to the newly formed Pioneer DJ Europe Ltd. From this date, DJ products will be distributed by Pioneer DJ Europe Ltd.

Onkyo and Pioneer had been discussing the unification of the home AV business, the phone business, and the headphone-related business of Pioneer Group with Onkyo’s. Today, Pioneer Corp announced subscription to the new shares of common stock of Onkyo Corporation and the completion of the transfer of Pioneer Group’s home AV business, phone business and headphone-related business to the Onkyo Group.

As of March 2, 2015, the business related to marketing in North Americas has been transferred to Pioneer & Onkyo U.S.A. Corporation (POU), the business related to marketing in Europe to Onkyo Europe, business related to marketing in the Asian region focusing on China to Onkyo Asia, and business related to overseas marketing in other areas to Onkyo.



Previous
Next
Nikon Releases The D7200        All News        MWC: Microsoft Unveils The Lumia 640 and Lumia 640 XL
MWC: Panasonic Nubo Monitoring Camera Has 4G Connectivity     Consumer Electronics News      LG 's 2015 OLED And LED 4K ULTRA HD TVs Now Available in The U.S.

Get RSS feed Easy Print E-Mail this Message

Related News
Pioneer BDR-XD06J-UHD Is The First Portable UHD BD PC Drive
Pioneer Rayz Earphones Support Apple's Lightning Audio Technology
Pioneer Sells CATV-Related Equipment Business, Forms OLED Lighting Alliance With Konica Minolta
Pioneer BDR-S11J-BK BDR-S11J-X Ultra HD Blu-ray Burners Coming Next Month
CES: Onkyo Showcases new SBT-A500 Network Surround Sound System, VC-FLX1 Smart Speaker
Pioneer DJ NXS2 System Now Compatible with TRAKTOR - CDJ-2000NXS2 and DJM-900NXS2 Now Support TRAKTOR PRO 2 and TRAKTOR SCRATCH PRO 2
Be the DJ with Pioneer DJ's DDJ-WeGO4 Portable DJ Controller and the WeDJ iPad App
Pioneer And Onkyo Join DTS Play-Fi Wireless Audio Ecosystem
New Pioneer PLX-500 Direct drive Turntable Retails For $350
New Pioneer HRM-5 and HRM-6 Studio Monitor Headphones For Producers
Meet the new CDJ-2000NXS2 and DJM-900NXS2
Pioneer Unveils Future In-vehicle Entertainment At CES

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .