Focus Universal Inc. Announces Acquisition of AVX Design & Integration

15/03/2019 21:15

ONTARIO, CA / ACCESSWIRE / March 15, 2019 / Focus Universal, Inc. (OTCQB: FCUV) ("Focus Universal" or the "Company"), a developer of IOT technologies including its Universal Smart Instrumentation Platform (''USIP''), announced it has completed the acquisition of AVX Design and Integration ("AVX") a design and installation provider for high performance Audio Visual, Home Theater, Lighting Control, Automation and Integration.

"This addition to Focus Universal is aligned with the company's effort to become a leading provider in residential and commercial IOT" said Dr. Desheng Wang, chief executive officer of Focus Universal. "For the company to be disruptive in the residential and commercial automation markets, we want to work with experts who have years of hands-on experience in the industry."

With this acquisition, Focus will bring on a company with over 20 years in design and installation of residential and commercial automation products. The AVX team will provide valuable insight towards R&D efforts for new products developed by Focus and provide another potential sales channel to sell the devices. The Company aims to use AVX as a great foundation to build upon and continue to expand its sales efforts.

About Focus Universal

Focus Universal Inc. (OTCQB: FCUV) is a Universal Smart Instrumentation Platform ("USIP") developer and Universal Smart Device ("USD") manufacturer for the Internet of Things market. The Company's USIP generalizes instruments into a reusable foundation and architecture-specific components (sensor modules), which together replace the functions of traditional instruments at a fraction of the cost. The USIP has an open architecture and features the ability to connect thousands of sensors and probes from different industries and vendors communicating with the same device. This interoperability and reusability gives Focus Universal a major edge over competitors.

For more information, visit www.focusuniversal.com.

Contact Information

Desheng Wang
626-272-3883
IR@focusuniversal.com

SOURCE: Focus Universal, Inc.

More News

Lessons From Fearless Female Entrepreneurs

15/03/2019 19:18

Julia Novakovich   Follow | Friday, 15 March 2019 14:18  (EST) While women are e...

All Cap Value Style 1Q19: Best and Worst

15/03/2019 21:13

David Trainer   Follow | Friday, 15 March 2019 16:13  (EST) The All Cap Value st...

Putin ally Deripaska sues U.S. Treasury over sanctions

15/03/2019 20:21

March 15 (UPI) -- A Russian oligarch and ally of Vladimir Putin is suing the U.S. Treasury D...

Terms and condition | Privacy Statement

Financial.org is an educational platform. We DO NOT deal with securities and receive any financial benefits from Financial Products & Service Providers.