Hitachi Launches Takeover Bid for Clarion

Taylor, Colleen
October 2006
Electronic News;10/16/2006, Vol. 52 Issue 42, p41
Trade Publication
The article reports that Hitachi Ltd. has signed a basic agreement with Clarion Co. Ltd. and decided to purchase additional shares of Clarion through a takeover bid. Clarion has established strengths in the planning and development of in-vehicle entertainment systems such as audio-visual and navigation systems and devices, as well as in marketing capabilities that have been applied in the aftermarket and with automakers around the world, including Japan.


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