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Philips Accessories & Computers Peripherals Inc company history timeline

2000

Philips made one last attempt at a new standard for video recorders with the Video 2000 system, with tapes that could be used on both sides and had 8 hours of total recording time.

2005

In December 2005 Philips announced its intention to sell or demerge its semiconductor division.

2006

On 21 August 2006, Bain Capital and Apax Partners announced that they had signed definitive commitments to join the acquiring consortium, a process which was completed on 1 October 2006.

Philips Lighting, Philips Research, Philips Semiconductors (spun off as NXP in September 2006) and Philips Design, are still based in Eindhoven.

2011

In January 2011 Philips agreed to acquire the assets of Preethi, a leading India-based kitchen appliances company.

2012

In March 2012 Philips announced its intention to sell, or demerge its television manufacturing operations to TPV Technology.

2014

On April 28, 2014 Philips agreed to sell their Woox Innovations subsidiary (consumer electronics) to Gibson Brands for $US135 million.”

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Founded
1964
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