Gibson Innovations sets out its ambition to drive growth in music lifestyle across its dynamic portfolio of consumer brands. Acquired by parent company Gibson Brands, Inc. in June 2014, the former Lifestyle Entertainment Business of Royal Philips is setting out a strategy focusing on a portfolio of brands that each represents the highest quality and value for consumers across a range of market segments. The acquisition was complete with the company changing its name to Gibson Innovations on the 1st of June this year.
“Philips has long been seen as the innovator of breakthrough technologies across the audio industry, and a pioneer for bringing these technologies to the market. Being part of the Gibson Brands company, we expect to accelerate our success in the industry,” said Marc De Kloet, General Manager Gibson Innovations MEA & Turkey “We see a growing opportunity when it comes to consumer audio and lifestyle entertainment around the world and more so in the region. We hope to achieve success for every brand in our portfolio by delivering an exceptional experience for consumers.”
Gibson Brands acquired the business from Royal Philips as part of its ambition to become the world’s #1 music lifestyle company. The acquisition followed the company’s investments in audio brands including Onkyo and TEAC. Gibson Brands is a privately held company with a portfolio of music and audio brands for both consumer and professionals, across the full journey of music: creation, performance and experience. Complementing Gibson Brands’ musical instruments and professional audio divisions, Gibson Innovations is dedicated to bringing the finest experiences to consumers.
Gibson Innovations is launching with a portfolio of brands, each of which focuses on a different group of consumers with specific needs and aspirations:
Gibson Innovations is a global powerhouse and holds leading market positions in key categories including audio systems, docking stations, sound bars, headphones and connected audio. Its products deliver on its commitment to meaningful innovation in sound and entertainment. With its roots as the audio, video and multimedia division of Dutch electronics giant Royal Philips, the company’s heritage includes the invention of the compact cassette recorder, CD, DVD and Blu-ray.
About Gibson Brands, Inc.
Gibson is known worldwide for producing classic models in every major style of fretted instrument, including acoustic and electric guitars, mandolins and banjos. Gibson's digital guitar, introduced in 2002, represents the biggest advance in electric guitar design in over 70 years. Founded in 1894 in Kalamazoo, MI, and headquartered in Nashville since 1984, Gibson Guitar Corp.'s family of brands now includes Epiphone, Dobro, Valley Arts, Kramer, Steinberger, Tobias, Slingerland, Maestro, Baldwin, Hamilton, Chickering and Wurlitzer. Visit Gibson's website at www.gibson.com.
About Gibson Innovations
We’re Gibson Innovations, and we love music. We combine innovation, great sound and sophisticated design to create music and entertainment products across a dynamic portfolio of brands: Philips, Philips Fidelio, Gibson, GoGear, Onkyo and Trainer. We’re part of Gibson Brands, Inc., one of the fastest-growing music lifestyle companies in the world, with a portfolio of brands that spans the full journey of music: creation, performance and experience. For our latest news go to www.gibsoninnovations.com/news.