Gibson mentioned Philips. What's up with that?

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2017/11/24 07:57:43 (permalink)

Gibson mentioned Philips. What's up with that?

I wonder what's up with Philips? Is there a new course for Gibson?
Is Gibson gonna fall too? What's up with the other Gibson ventures at this time?

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    JClosed
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    Re: Gibson mentioned Philips. What's up with that? 2017/11/24 08:19:17 (permalink)
    As far as I know Gibson acquired an audio and media devision from Philips. It was a bit puzzling move, because the Gibson brand is not known as a multimedia hardware maker. I guess it was a mistake that has cost a lot of money, and probably lead to closing down Cakewalk/Sonar.
     
    Do not forget Gibson was in deep debt already. This has only added to that debt that sits around $500 million at this time. If Gibson does not find a new source of money before somewhere in 2018, chances are they go belly-up.
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