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Topic - Magnavox

Magnavox (Latin for "great voice") is an American electronics company founded by Edwin Pridham and Peter L. Jensen. They invented a moving-coil loudspeaker in 1915 at their lab in Napa, California and they named their brainchild "Magnavox". The company was formed in 1917 under the same name to market the invention.==History==Magnavox became a major consumer and defense electronics company. It manufactured radios, TVs, and record players (gramophones). With the introduction of the Odyssey in 1972, Magnavox began the home video game console market. Philips acquired Magnavox's consumer electronics division in 1974. Philips did this to ensure nationwide distribution for their VLP (later renamed LaserVision) Videodisc technology. During the late 1970s the company released the Odyssey², also known as the Philips Videopac. Then, in the early 1980s, Philips merged Sylvania, Philco and Magnavox into one division headquartered in Knoxville, Tennessee, with a manufacturing plant in Greeneville, Tennessee. The Sylvania plant in Batavia, NY was closed and all operations moved to Greeneville. Philips also abandoned the Sylvania trademark which is owned by Osram. In the 1990s, Philips licensed the Philco brand name to Funai. In the late 1990s, some Philips electronics were marketed under the brand name "Philips Magnavox" in an attempt to increase brand awareness of the Philips name in the United States. While it did work to a degree, it also caused confusion to the consumer as to the difference between "Philips Magnavox" products and "Philips" products. Philips now once again markets the brands separately. In January 2009, Philips licensed production of its television, audio and DVD products to Funai. - Source: Wikipedia

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