Loewe secures investment, former Apple exec comes on-board

A group of investors that includes the former head of Apple Europe have acquired a “significant portion” of troubled German TV maker Loewe in a bid to take the brand to a younger customer base. The investment group Panthera – which includes former Apple and Bang & Olufsen executive Jan Gesmar-Larsen and Munich-based entrepreneurs Constantin […]

Deezer partners with NetRange for smart TV app launch

France-based subscription music service Deezer is launching a smart TV app after partnering with German smart TV services firm NetRange. The Deezer app by NetRange will be available on TVs made by Loewe, Dune, TCL and Sharp, with music fans able to login to up to three different accounts simultaneously on the app. Deezer, which […]

Insolvent TV manufacturer Loewe receives investment offer

German TV manufacturer Loewe has said that it has received a written investment offer in what could prove a “crucial milestone” for its restructuring efforts.  The firm, which filed for insolvency earlier this month and is in the midst of a restructuring plan that will see it refocus itself as an entertainment platform system provider, […]

Loewe files for insolvency, plans entertainment platform shift

German TV manufacturer Loewe has filed for insolvency, as attempts to restructure the business and refocus itself as an “entertainment platform system provider.” In a statement, Loewe said that the Coburg insolvency court yesterday approved the self-administration proceedings from Loewe’s management, but said that business “will remain fully operational beyond October 1, 2013.” It said […]

Loewe denies Apple takeover rumours

German TV manufacturer Loewe has denied reports that it is set to be acquired by Apple. Blog site Apple Insider had claimed that Apple’s board of directors was due to decide on an alleged US$113 million (€88 million) deal by the end of the week. Loewe issued a statement via German IT news site Heise […]