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It make sense to me!  DLO has been making some pretty incredible accessories for a variety of different devices with the Apple product line probably being its “Bread & Butter”.  This is a great opportunity for Philips to capture increased revenues….

Royal Philips Electronics today announced that Philips will acquire US-based Digital Lifestyle Outfitters (DLO) subject to receipt of regulatory approval.

DLO designs, markets and distributes accessories, including docking stations, FM transmitters, cables and cases for mobile audio-visual devices such as MP3 and video players.

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. No financial details on the transaction were disclosed.

Press Release: Philips to acquire Digital Lifestyle Outfitters

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