July 1, 2014
Alliances and purchases in the audio and multimedia sector occur quite frequently.
If recently it was Apple that bought Beats Audio, now it is Gibson Brands, Inc. that has acquired Royal Philips’ audio, multimedia and accessories division.
Gibson Brands, Inc. is known worldwide for its musical instruments and its electric guitars are one of my objects of desire as an amateur guitarist.
But what you may not know is that it has also invested heavily in other audio brands, such as Onkyo and TEAC. In fact, Gibson Brands has a lot of brands under that brand name.
via Gibson takes over the multimedia branch of Philips.
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