Gibson

Gibson Brands has made another consumer electronics acquisition, agreeing to buy Woox Innovations from Philips for $135 million and a brand license fee.

The Wireless Speaker and Audio (WiSA) Association this week announced that Onkyo Corp., Gibson Brands and Dali are its latest members.

The first product from the recent marriage between Gibson and Onkyo will most likely be a headphone line, followed by a music-enhancement driver for mobile devices.

Gibson Guitar said Wednesday that it has purchased a stake in Onkyo Corp, which includes a majority of distribution arm Onkyo USA. 

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