JVC Kenwood buys Radio Activity
As a result of the aquisition, JVC Kenwood is now able to strengthen the lineup of DMR solutions for the private sector.
JVCKENWOOD Corporation (“JVCKENWOOD”) announced that it has decided to acquire all the shares issued by Italy-based Radio Activity S.r.l. (“Radio Activity”), a developer and seller of digital radio relay systems that are compliant with Digital Mobile Radio (DMR) standards, which are international digital radio standards, for the purpose of expanding the Communications Systems Business in compliant with DMR standards, and convert the company into a wholly-owned subsidiary.
In the private sector, which has fallen far behind in the transition from analog to digital radio systems, digitization is picking up rapidly. In particular, demand is growing for professional digital radio systems that are compliant with DMR standards, which are international digital radio standards, and are capable of small-scale system construction at low cost. In these circumstances, JVC Kenwood faced an urgent need to strengthen the lineup of DMR-compliant digital radio system solutions.
Therefore the company has decided to acquire all the shares issued by Radio Activity in Italy, a company engaged in developing and selling relay systems that are compatible with DMR-compliant digital radio systems and make it a wholly-owned subsidiary, for the purpose of expanding DMR-compliant digital radio system solutions down the road. Radio Activity has strengths in technological capabilities and know-how particularly in building simulcast* networks developed since the analog standard era.
Making the company a subsidiary will allow JVCKENWOOD to provide highly functional and reliable digital radio system solutions that are compliant with DMR standards.
JVCKENWOOD plans to acquire all the shares of Radio Activity in January 2018.