Magnavox (Latin for "great voice") is an electronics company founded in the United States and owned today by Philips, a company based in the Netherlands. Magnavox was founded in 1917 by Edwin Pridham and Peter L. Jensen, inventor of the moving-coil loudspeaker two years earlier at their lab in Napa, California. Magnavox later produced the Odyssey, the world's first home video game console.