Andre Yoskowitz
18 Oct 2007 19:58
Thomson has announced that they will be selling their AV operations outside of Europe to the Audiovox corporation and that sale is expected to be completed by the New Year.
The company also said that it will be closing its European AV and accessory activities.
Thomson sold a variety of products from MP3 to DVD players, most notably under the brand name RCA. The sale will also transfer the rights to the RCA brand "within the AV products field." Audiovox already owns the rights to use the RCA name for consumer electronics accessories.
Source:
Dailytech