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Directed Acquires Astroflex

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DYohn 
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Joined: April 22, 2003
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Posted: May 09, 2006 at 7:07 PM / IP Logged  
Directed Acquires AstroflexBy Amy Gilroy -- TWICE, 5/9/2006 9:46:00 AM

Vista, Calif. — Vehicle security supplier Directed Electronics said it acquired the assets of Astroflex, a remote-starter vendor based in Canada, for an undisclosed sum.

Directed said it expects the acquisition will add $5.5 million to its gross product sales in 2006. More details on the acquisition will be provided next week when Directed, which recently went public, releases its quarterly earnings, it said.

 

Astroflex, located in Sherbrooke, Quebec, was founded in 1989 and was privately owned by Jean Desmarais, who will continue to lead the company, said Directed.

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Velocity Motors 
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Joined: March 08, 2002
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Posted: May 09, 2006 at 10:42 PM / IP Logged  
Another one bites the dust ! I know some people who won't be happy with this news !
Jeff
Velocity Custom Home Theater
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godblessdremil 
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Posted: May 10, 2006 at 12:14 AM / IP Logged  
Dam directed is the new microsoft. But i can't argue with the product.
TruckSystem 
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Posted: May 10, 2006 at 5:56 PM / IP Logged  
I just put AstroStart 5204s in both of our vehicles and so far like the system, I hope this won't affect their products too much.
2003 Chevrolet Silverado Standard Cab ~ Alpine CDA-9851
Diamond Audio D3600.1 ~ 2x Diamond Audio TM310D4
Diamond Audio D3400.4 ~ Diamond Audio Hex S600s
AstroStart RS5204 Remote Start/Alarm
KarTuneMan 
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Posted: May 11, 2006 at 12:57 AM / IP Logged  
Ya, Jeff.....thats me!
Hymer 
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Posted: May 14, 2006 at 9:27 PM / IP Logged  
Great... just what we needed another monopoly...They only good thing that can come out of this is - mabey I can understand them a bit better, French Canadian is really tough to discipher if your not used to it...
Tire Proz Stillwater Mn
High End Restyling and Comlete Repair
KarTuneMan 
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Posted: May 15, 2006 at 1:02 AM / IP Logged  

Phrazes like Gaz pedal, desarm, 1 seconde pulse, Hemmi.

I think this is a damn shame.


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