Update: CEPro.com is reporting that Philips is still shipping the TSW9500 in-wall touchscreen as part of a last buy program.  The article goes on to claim that Philips has found a buyer for the remote division that would save the company.  No word on who, though.  The article can be found here.

Philips has recently made an announcement that they will be discontinuing their line of Philips Pronto products. The Philips Pronto line had provided consumers with universal remotes and advanced control systems since 1998. The company was the first to introduce an affordable customizable touch screen remote with PC editing software.

Additional Resources
• Read more remotes and system control news from HomeTheaterReview.com.
• Read a review for Philips Pronto's TSU9300.
 

Philips issued the following statement:

"In December 2009, Philips announced the intention to relocate some of its existing remote control activities in Leuven, Belgium to Asia. At the same time, the intention was communicated to investigate alternative strategic options for the Pronto business, as this activity no longer fits with the Philips strategy.

Following thorough research, no suitable partner was found for the acquisition of these activities. As such, Philips confirms today that it will discontinue the Pronto product line and related activities.

The Pronto business, headquartered in Leuven, Belgium, serves the Custom Audio-Video Installation market with advanced control devices.

Philips will engage in a dialogue with its social partners on the consequences for the involved personnel of this announcement."

Related Articles and Content
For other related topics, read our other articles, including Philips Pronto Launches New Accessory Line, What Really Happened with the Closing of Sound by Singer and Why They Will be Back Soon, and Embattled Final Loudspeakers Files for Bankruptcy in Belgium.  You can find more information in our Industry Trade News and Remote & System Control News sections.