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The Commercial Wireless & Development Company, as Magnavox was originally named, this company was founded by Peter Jensen and E.S. Pridham, with Richard O'Connor as their principal financial backer with an investment of $2,500. 1915 was the year our company officially adopted the name Magnavox. Derived from the Latin words "magna" and "vox," and meaning "great voice," it was chosen because of the "great voice" produced by our loudspeakers. For the past 75 years, Magnavox innovation and leadership have consistently been recognized as the industry hallmarks of reliability, state-of-the-art technology and consumer acceptance. One such instrument was the world's first electrodynamic telephone, invented in that same year,
Magnavox pioneered the development and marketing of the first compact disc digital audio player, providing the consumer with the heretofore-unheard-of luxury of pure, perfect sound. Magnavox became a part of one of America's industrial giants, the Philips Electronics North America Corporation (PENAC). PENAC, strongly affiliated with Philips Electronics, N.V. of the Netherlands, is listed in the top half of Fortune 500's largest American industrial companies. Philips, manufacturing and marketing in over 70 countries around the globe, is among the 60 largest corporations in the world. Magnavox Company offers its consumers an array of products like MP3 and media players, Home Theatre Systems, Flat TV (plasma, LCD), Projection TV, LCD monitors, CRT monitors and many more.
Magnavox is a registered trademark of Philips Electronics North America Corporation and is used by Funai Electric Co. Ltd. and Funai Corporation, Inc
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