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Philips to transfer its Audio, Video, Multimedia and ...
https://www.usa.philips.com/a-w/about/news/archive/standard/news/press/2013/20130129-Philips-transfer-AVMA-Funai.html
Amsterdam, the Netherlands – Royal Philips Electronics (NYSE: PHG, AEX: PHIA) today announced that it has signed an agreement regarding the transfer of its Lifestyle Entertainment business (Audio, Video, Multimedia and Accessories) to Funai Electric Co., Ltd (TSE/OSE 6839). Under the terms, Funai will pay a cash consideration of EUR 150 million and a …
Philips to sell its audio, video, multimedia and ...
https://www.whathifi.com/news/philips-to-sell-its-audio-video-multimedia-and-accessories-business-to-funai
Philips's audio, video and multimedia division currently produces home audio systems, headphones, speakers, in-car audio, portable audio and video players and home media players. Its Fidelio M1 headphones won a 2012 Award. Read Andrew Everard on why Philips' latest move is simply taking it back to its founding principles. Follow whathifi.com on Twitter
Philips terminates agreement to sell its audio/video ...
https://www.whathifi.com/news/philips-terminates-agreement-to-sell-its-audiovideo-business-to-funai-following-breach-contract
Philips terminates agreement to sell its audio/video business to Funai following breach of contract. By Andy Clough published October 25, 2013. Dutch giant takes legal action to recover damages caused by breach of contract by Funai. Philips has announced this afternoon that it is terminating the agreement it had with Funai to sell its audio, video, multimedia and …
Philips - Wikipedia
https://en.wikipedia.org/wiki/Philips
On 29 January 2013, it was announced that Philips had agreed to sell its audio and video operations to the Japan-based Funai Electric for €150 million, with the audio business planned to transfer to Funai in the latter half of 2013, and the video business in 2017.
Gibson Brands Announces Agreement to Acquire Philips ...
https://www.businesswire.com/news/home/20140428005428/en/Gibson-Brands-Announces-Agreement-Acquire-Philips%E2%80%99-Audio
“By acquiring Philips’ audio and home entertainment business, our goal is to continue to provide the most exceptional consumer audio products and experiences in the world.
Philips abandons audio visual - Advanced Television
https://advanced-television.com/2013/01/29/philips-transfers-audio-and-video-unit-to-funai/
Philips Audio, Video, Multimedia and Accessories make up the Lifestyle Entertainment business group within Philips Consumer Lifestyle. This business group is headquartered in Hong Kong and employs approximately 2,000 people worldwide. The agreement does not impact any of Funai’s existing brand licensing agreements with Philips.
Philips plans to sell or spin off domestic appliances …
https://www.ft.com/content/92a3a992-41a6-11ea-bdb5-169ba7be433d
It sold its audio and video business in 2013 for €150m to Japan’s Funai Electric and four years later Philips Lighting was hived off in an IPO that valued the company at €3bn.
Philips Sound to debut new sports and high-end …
https://www.wfmz.com/news/pr_newswire/pr_newswire_stocks/philips-sound-to-debut-new-sports-and-high-end-headphones-plus-new-av-products-at/article_bb5729b0-380b-54cd-8cc4-437ce45356f1.html
Business. Business News ... New for 2022 and one of the highlights of the Philips Sound exhibit with a preview of the first audio and video products from the range, due to be launched later in ...
Philips Home audio - Hi-Fi, CD players, radios | Philips
https://www.usa.philips.com/c-m-so/home-audio
Listen to the sounds you love with hi-fi stereo systems, Bluetooth speakers, CD players, radios, and radio alarm clocks from Philips home audio. Free shipping 2-5 business day delivery
About us | Philips
https://www.philips.com/a-w/about.html
At Philips, our purpose is to improve people’s health and well-being through meaningful innovation. We aim to improve 2.5 billion lives per year by 2030, including 400 million in underserved communities. As a technology company, we – and our brand licensees – innovate for people with one consistent belief: there’s always a way to make ...
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