Helios Technologies Expands Electronics Business With Radio Sound Asset Acquisition and Indian Motorcycle Contract
Helios Technologies, Inc. has strengthened its position in advanced automotive and recreational electronics after securing a new multi-year contract with Indian Motorcycle and acquiring selected assets of Radio Sound, Inc. The transaction brings together Helios Technologies’ engineering and electronics capabilities with Radio Sound’s specialized audio and communication technologies, creating new opportunities to expand the company’s product portfolio across the recreational vehicle and broader mobility markets.
The agreement represents a strategic step for Helios Technologies as the company continues to broaden its Electronics segment and pursue additional opportunities in highly engineered electronic controls, connectivity, software and integrated systems. The new relationship with Indian Motorcycle also gives Helios an opportunity to support an established motorcycle brand while potentially applying technologies developed through the Radio Sound acquisition to a wider range of customers.
Helios Technologies, which trades on the New York Stock Exchange under the ticker HLIO, is a global provider of highly engineered motion-control and electronic-control technologies. Through its operating companies and technology platforms, the company serves customers across several markets, including recreational, mobile, industrial, health and wellness applications.
Multi-Year Indian Motorcycle Contract Expands Customer Relationship
At the center of the announcement is a new multi-year agreement under which Helios Technologies will provide advanced electronics solutions to Indian Motorcycle.
The contract is strategically important because it expands Helios’ participation in the motorcycle manufacturer’s electronics requirements and creates an opportunity for the company to provide more sophisticated technology solutions. Modern motorcycles increasingly depend on electronics for entertainment, connectivity, controls, displays, communications and other rider-facing functions, making electronics an increasingly important part of the overall vehicle experience.
For Helios, the contract also demonstrates the company’s strategy of increasing its value to existing and returning customers by combining multiple technology capabilities into broader solutions.
Sean Bagan, President and Chief Executive Officer of Helios Technologies, said the agreement reflects the company’s broader CORE Strategy, which was presented during its Investor Day. According to the company, the strategy is focused on strengthening its offerings, expanding customer relationships and increasing opportunities across core and adjacent markets.
The Indian Motorcycle contract therefore represents more than a single customer award. It illustrates how Helios intends to use its engineering expertise, technology portfolio and strategic acquisitions to capture additional business from customers while expanding its addressable market.
Radio Sound Assets Add Specialized Electronics Capabilities
To support the new relationship, Helios’ operating company Enovation Controls has acquired selected assets from Radio Sound, Inc.
The transaction includes intellectual property and technology capabilities associated with Radio Sound’s electronics business. These assets are expected to enhance Helios’ existing portfolio and provide additional technical capabilities that can be integrated into future solutions.
Radio Sound brings experience in several specialized areas of vehicle electronics and audio technology. These include amp-on-speaker technology, Automotive Audio Bus (A2B) communication, automatic speaker detection, custom enclosure design, vehicle-to-vehicle communication and antenna technologies.
These capabilities are increasingly relevant as vehicles become more electronically connected and manufacturers seek to integrate more functionality into increasingly sophisticated platforms.
The acquisition gives Helios access to intellectual property and engineering capabilities that can complement its existing electronics portfolio. Rather than simply adding another product line, the company intends to use the acquired technology as a foundation for developing broader and more differentiated solutions.
This approach could allow Helios to combine audio, connectivity, software, controls and other electronic functions into integrated systems designed around specific customer requirements.
Advanced Audio Technology Becomes Increasingly Important
Audio systems have evolved significantly from traditional entertainment components into more integrated electronic systems that interact with a vehicle’s broader architecture.
In modern motorcycles and other recreational vehicles, audio systems may need to communicate with electronic control systems, support connectivity functions and operate within environments where space, weight, durability and power consumption are important considerations.
Radio Sound’s experience in amp-on-speaker technology is particularly relevant in this environment. Integrating amplification directly with speaker systems can help manufacturers address packaging and system-design requirements while enabling more integrated audio architectures.
A2B communication technology also provides an important capability. Automotive Audio Bus technology is designed to enable digital audio and control information to move efficiently between components. As vehicle electronics architectures become more sophisticated, communication technologies that support reliable and efficient data transmission can become an important part of system design.
Automatic speaker detection, meanwhile, can simplify system configuration and improve the integration of audio components. Custom enclosure design can help manufacturers address the physical constraints of motorcycles and other vehicles where available space may be limited.
Together, these capabilities provide Helios with a broader technology foundation for developing advanced audio and communication systems.
Technology Could Serve More Than One Customer
One of the most significant aspects of the transaction is Helios’ intention to leverage Radio Sound’s intellectual property beyond the initial Indian Motorcycle relationship.
The company expects to integrate the acquired technology into its Electronics segment, where it can potentially be used in solutions developed for current and prospective customers.
This creates the possibility of expanding the commercial impact of the acquisition beyond the multi-year Indian Motorcycle contract.
Helios has emphasized that the transaction provides a platform for increasing the value of its electronics offerings across its broader customer base. The acquired technologies could potentially be adapted for applications in recreational vehicles, mobile equipment and other markets requiring sophisticated electronics, communications or audio functionality.
Such a strategy is consistent with a broader trend across the vehicle industry in which suppliers increasingly seek technology platforms that can be adapted across multiple vehicle programs rather than products designed for only one application.
Enovation Controls Strengthens Helios Electronics Portfolio
Enovation Controls is a key part of Helios Technologies’ Electronics segment. The segment also includes Balboa Water Group and i3 Product Development.
The Electronics segment provides a broad range of technologies, including electronic controls, displays, software, connectivity solutions and integrated systems.
These products are used across markets such as health and wellness, recreational applications, industrial equipment and mobile systems.
The Radio Sound assets fit naturally within this portfolio because they add capabilities related to audio, communication and vehicle electronics.
The combination could enable Helios to offer customers a more comprehensive electronics package rather than individual components. This integrated approach can be valuable for vehicle manufacturers seeking to reduce system complexity and work with suppliers capable of supporting multiple aspects of an electronic architecture.
As vehicle platforms become increasingly software-defined and digitally connected, the ability to integrate hardware, software, controls and communications technologies is becoming more important.
Recreational Market Remains a Strategic Opportunity
The new Indian Motorcycle relationship also strengthens Helios’ position in the recreational market.
Motorcycles and other recreational vehicles are undergoing a transformation similar to the broader automotive industry. Riders increasingly expect digital displays, connectivity, premium audio, intuitive controls and advanced electronic functionality.
Manufacturers are therefore looking for suppliers capable of delivering electronics that can withstand demanding operating environments while also providing a premium user experience.
Helios believes its combination of engineering expertise and the newly acquired Radio Sound technologies can help address these requirements.
Billy Aldridge, President of Electronics at Helios Technologies, highlighted Indian Motorcycle’s established brand identity and long history of delivering distinctive experiences to riders. He said Helios is looking forward to supporting the company while combining Radio Sound technology with Helios’ engineering, software and electronics capabilities.
The objective is to create a more comprehensive solution for Indian Motorcycle while establishing a scalable technology platform that could support additional opportunities.
Strategic Acquisition Aligns With CORE Strategy
Helios described the transaction as an example of the strategic direction outlined under its CORE Strategy.
The company is seeking to grow by strengthening its technology portfolio, deepening relationships with customers and expanding into attractive adjacent markets.
The Radio Sound asset acquisition supports each of these objectives.
First, it expands Helios’ electronics technology portfolio. Second, it supports a multi-year customer relationship with Indian Motorcycle. Third, it gives the company additional intellectual property that may be leveraged across other customers and applications.
This combination makes the acquisition strategically relevant even though the transaction itself is not financially material.
Helios said the transaction was structured as a simultaneous signing and closing. Financial terms were not disclosed.
Indian Motorcycle’s Standalone Position
The announcement also comes at an important time for Indian Motorcycle.
Indian Motorcycle became a standalone company in February 2026 following its separation from Polaris Inc.
The separation created a new corporate structure for the iconic motorcycle brand and provides the company with greater independence as it develops its future product and business strategies.
For suppliers such as Helios Technologies, a standalone Indian Motorcycle could create opportunities to establish or expand direct technology relationships.
The new multi-year agreement gives Helios a position to support Indian Motorcycle as the brand develops its next generation of products and customer experiences.
Broader Implications for Vehicle Electronics
The transaction highlights a broader shift taking place across the automotive and recreational vehicle industries.
Electronics are no longer limited to basic control functions. They are increasingly central to how drivers and riders interact with their vehicles.
Displays, connectivity, audio, communications, software, sensors and electronic controls are becoming integrated components of the vehicle experience.
This evolution is creating opportunities for technology suppliers with expertise across multiple electronic disciplines.
For Helios Technologies, the Radio Sound acquisition provides an opportunity to build on its existing capabilities while expanding into additional electronics applications.
The company’s ability to combine acquired intellectual property with its own engineering and software resources could become an important differentiator as manufacturers seek more integrated technology solutions.
A Platform for Future Growth
Although the Radio Sound transaction is not financially material to Helios Technologies, its strategic value could extend beyond the immediate customer program.
The company now has access to additional audio, communication and antenna technologies that can be incorporated into future product development.
The multi-year Indian Motorcycle contract provides an initial commercial application for those capabilities, while Helios intends to explore opportunities to leverage them across its broader customer base.
The approach demonstrates how strategic technology acquisitions can be used not only to add products but also to strengthen engineering capabilities and create new platforms for innovation.
For Indian Motorcycle, the partnership provides access to a supplier with a broader portfolio of electronics expertise. For Helios, the agreement strengthens its relationship with a recognized recreational vehicle brand while expanding the potential applications of its electronics technologies.
Helios Technologies’ new multi-year contract with Indian Motorcycle and its acquisition of selected Radio Sound assets represent a strategic expansion of the company’s Electronics business.
By combining Radio Sound’s expertise in advanced audio, A2B communication, speaker detection, custom enclosures, vehicle-to-vehicle communication and antenna technologies with Enovation Controls’ existing engineering and electronics capabilities, Helios is positioning itself to deliver more integrated solutions to vehicle and recreational customers.
The transaction also supports Helios’ broader CORE Strategy by expanding its technology portfolio, strengthening customer relationships and creating opportunities to capture additional business across adjacent markets.
While the acquisition is not financially material, its technology and intellectual-property components could provide longer-term value as demand for connected, digital and electronically sophisticated vehicles continues to grow.
The Indian Motorcycle contract gives Helios an important customer program around which to develop these capabilities, while the company’s intention to leverage the acquired technology across its broader customer base creates additional growth potential.
As motorcycles and other recreational vehicles increasingly adopt advanced electronics, connectivity and premium digital experiences, suppliers capable of combining hardware, software and specialized engineering expertise will play an increasingly important role. Helios Technologies is seeking to strengthen its position in that evolving market through this latest customer win and technology acquisition.
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