Same thing for Fisher Audio, and now even McIntosh is owned by it's 2nd owner, after D&M, is now a "lifestyle" brand, it's doomed. Marantz, will follow. Harman International has managed to keep all the brands they got at a higher level, AKG, Harman keeps it a premium brand that it is used to be a Philips company as was Marantz, soon to be toast probably under D&M. .
Lots of brands from their Genlyte purchase are going...Philips name on everything, they buy Genlyte for the distribution access, like when they bought Westinghouse lamps, they tagged em all Philips, Westinghouse is gone, same when ABB got Westinghouse products, it got ABB into this country for transformers and switch gear...ABB tags, nothing is called Westinghouse, did ABB do the same thing yup, buy and close, and get the distribution under your own name
nope, they kept Magnaovox going for decades, they sold off the brand along with Philco and Sylvania which they also owned, so they would tag all their stuff Philips. They got Philco and Sylvania from GTE back in the 80's...to get rid of the Philco issue about using PHILIPS name in the U.S. They where trying to market Philips tags as one entity...having all the different brands was chaos. They needed Magnavox to get into the U.S. market...Philips was at once time the world' biggest tv maker and crt maker before that biggest maker of radios....Do you think Pansonic didn't end Quasar from Motorola,when they moved into the U.S., or when Samsung bought Zenith, to get U.S. distribution, where is Zenith now? Same deals
Actually PHILIPS innovated much more in lighting than Lightolier could ever do, they make fixtures, Philips makes LIGHT, invented it all Car halogen, Low pressure sodium,superior LED,Xenon,for cars....without Philips Lightolier would have nothing to put in the fixtures. Philips didn't want product from Lightolier, they wanted distribution, just like when they took over Westinghouse Lamps decades ago