Pioneer have announced that they are selling their Pro DJ Division to KKR a U.S. Investment fund Manager.  In a article in the Nikkei Asian Review (17th Sept 2014), the Preisdent of Pioneer Mr Susumu Kotani said in a news conference ."This is the last chance Pioneer has to chang.e"  Pioneer are selling all their Consumer Audio visual business to Onkyo as well. They have done this due to the waning demand for high end audio components and will focus all their efforts in automotive gear  Pioneer plan to release multimedia technolgy products comptible with Apple Car play which connects automotive equipment with iphones. Pioneer also stated they they are keeping an interest in both businesses, however time will tell if this will be a good thing for the Pro DJ products. 


source nikkei Asian review 17th Sept 2014