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Topic:
Philips Pronto May Get Another Chance
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Post 1 made on Monday November 8, 2010 at 18:23
Morbo
The News Monster
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Philips Pronto May Get Another Chance
By Julie Jacobson
Company may now be engaging with potential acquirers of the remote control and home automation line.

The demise of Philips Pronto may have been exaggerated. CE Pro has learned that Philips may sell its remote-control division after all, even after announcing last week that it would simply close the Belgium-based business.

Evidently, Philips received so much interest in the product since the announcement of its demise, that the company is now entering discussions with suitors.




Philips had reported earlier that a "suitable partner for the acquisition" could not be found, despite "thorough research."

Evidently, the "thorough research" did not include U.S.-based companies. As CE pro has reported, almost none of the usual suspects in the U.S. CE channel had been approached by Philips about acquiring Pronto.

Philips Pronto comprises a high-end line of two-way universal remote controls and home automation solutions. Most recently, the company demonstrated the TSW9500 in-wall touchscreen and the new CRX controller integrating Lutron lighting, IP cameras, an A/V receiver and traditional A/V controls.

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