Audiovox has purchased Thomson's audio and video consumer electronics ventures in the U.S., Canada, China and Hong Kong, as well as global rights to the RCA brand name for audio and video consumer electronics.

Audiovox will compensate Thomson with $19.7 million, a net asset payment and a five year fee for the RCA brand. Audiovox expects the acquisition to raise their annual income $150 million, plus additional royalty revenue. Audiovox stated the transaction should be finished by 31December, 2007.

Audiovox completed their purchase of Thomson's U.S. consumer electronics accessories division in January of 2007 for a sum of $59 million. In this deal, Audiovox also gained the rights to brands Recoton, Spikemaster, Ambico, Discwasher, Jensen, Advent, Acoustic Research and Road Gear.