The company was originally formed in 1937 by Avery Fisher in New York before being sold to the Emerson Electric Company for US $31 million in 1969. It was subsequently sold by Emerson Electric to Sanyo Electric of Japan in 1975, where it remained until 2010 when Sanyo was purchased by Panasonic. But the Fisher brand was phased out owing to the termination of Sanyo by Panasonic in 2012. Avery Fisher remained as a consultant for Emerson and Sanyo.
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