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EQT exits Pioneer in $1. 1bn sale to CarUX after five-year . . . EQT exits Pioneer in $1 1bn sale to CarUX after five-year transformation EQT has agreed to sell Pioneer Corporation, its Japan-based automotive tech portfolio company, to CarUX for $1 1bn CarUX, a smart cockpit solutions provider and subsidiary of Taiwan’s Innolux, will acquire 100% of the business in a deal expected to close in Q4 2025
Innolux subsidiary CarUX to acquire Japan’s Pioneer Flat-panel display maker Innolux Corp (群創) yesterday said its vehicle display unit, CarUX Holding Ltd, is to fully acquire Japan’s Pioneer Corp in a cash deal valued at about NT$37 7 billion (US$1 3 billion) in a bid to enhance its smart cockpit product lineup for audio and human-machine