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Client Work

Thomson completes the US$19.7 million sale of its consumer electronics audio video business outside Europe to Audiovo

Fasken
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Overview

Client

Audiovox

On December 31, 2007, Thomson completed the US$19.7 million sale of its consumer electronics audio video business outside Europe to Audiovox Corporation, a US listed company. As part of the transaction, Thomson assigned to Audiovox rights worldwide to the RCA brand within the field of use for AV products. Audiovox is a US listed company, well established in the consumer electronics field. Audiovox was advised in this transaction by Fasken Martineau with a team comprised of Sean Morley (corporate/M&A) and Paul Casuccio (commodity tax).

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