Gadgetism.org > Philips will purchase DLO
[Mobility Site - Powered by vBulletin] The transaction is expected to close in the second quarter of 2007, upon which DLO will become part of the Peripherals & Accessories business unit of Philips Consumer Electronics division.
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[Mobilitysite.com] Mobility Site: Digital Lifestyle Outfitters (DLO), unveiled its newest line of nano shell cases, specifically designed for the second-generation iPod nano. Offered in five vibrant nano-matching colors, each DLO Shell for nano comes equipped with two interchangeable backs - a smooth, transparent back and a reinforced, opaque back with a built-in belt clip.
[Swik.net] Dlo - SWiK: Essentially, Philips is hoping that the deal will allow it to "become a leading player in peripherals and accessories market for the mobility domain," and considering the vast amount of DAP / PMP toting individuals out there eying such niceties as the HomeDock, iBoom Travel, and the obligatory colored carrying case, it's probably not a bad move. Interestingly, Philips is actually taking over a firm who pumps out products for two competing music players, but a spokesperson for the company played the rivalry down by suggesting that DLO's products were "designed for all of the players on the market." Although pricing details weren't readily available, Philips is planning to complete the acquisition by Q2's end, and hopes to make DLO more predominant "outside of the US while broadening its product portfolio."
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