Gentex is a long-time supplier of electro-optical products for the global automotive, aerospace, fire protection and medical industries. The company is best known for automotive electronics, such as rear view mirrors, but it continues to grow its capabilities in vision systems, sensing, AI development, biometrics, home automation, and other smart technologies, it said
Ari Shalam, Chairman of the Board of VOXX International stated, “First and foremost, to all VOXX employees, both past and present, I, the Board and the management owe you a debt of gratitude. Your dedication, passion and tireless spirit have carried us through every challenge and triumph for more than 60 years. To our customers and partners, and all those we’ve worked with throughout the years, thank you for your trust in us. We have accomplished great things together and I personally, am grateful for the relationships and memories.”
Gentex said VOXX’s product lines complement Gentex’s business lines. But Gentex will also gain from VOXX’s expertise in consumer product distribution, retail sales, and mass merchandising, it said.
Gentex COO and CTO Neil Boehm said, “We also believe there will be opportunities to apply our expertise in engineering and high-volume electronics manufacturing to various VOXX product lines, utilizing their existing automotive and consumer distribution capabilities, to maximize profitability and strengthen their business units.”
VOXX’s current business is comprised of products for the automotive OEM and aftermarket, as well as the consumer electronics industry. The acquisition also includes EyeLock®, an iris biometric technology, and the Premium Audio Company, which provides premium audio solutions through world-renowned brands such as Klipsch®, Onkyo® and Integra®.
Gentex President and CEO Steve Downing said, “We want to continue the legacy of VOXX Founder John Shalam. He was a pioneer who united the automotive and consumer electronics industries, and Gentex is perfectly positioned to expand upon his vision.”
On December 18, 2024, the companies announced that they had entered into a definitive agreement for Gentex to acquire VOXX in an all-cash transaction at a purchase price of $7.50 per share. On March 31, 2025, VOXX held a special meeting of its stockholders to approve the merger and VOXX stockholders overwhelmingly voted in favor of the transaction. With regulatory and stockholder approval obtained and all closing conditions met, on April 1, 2025, Gentex completed its acquisition of the company.
tAbout VOXX
VOXX International (NASDAQ: VOXX) has grown into a worldwide leader in the Automotive Electronics and Consumer Electronics industries. Over the past several decades, VOXX has built market-leading positions in in-vehicle entertainment and automotive security, as well as in a number of premium audio market segments, and more. VOXX is a global company, with an extensive distribution network that includes power retailers, mass merchandisers, 12-volt specialists and many of the world’s leading automotive manufacturers. For additional information, please visit our website at www.voxxintl.com.
About Gentex
Founded in 1974, Gentex Corporation (NASDAQ: GNTX) is a technology company that leverages its core competencies, strategic partnerships, acquisitions, and ongoing research to create market-leading positions in a variety of verticals. You can view some of the Company’s latest technology at www.gentex.com.
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