In 1967 AEG joined with Telefunken creating AEG-Telefunken. In 1985 AEG was bought by Daimler-Benz, later being wholly integrated into DaimlerChrysler forming part of Adtranz. By 1997 the company no longer existed. After acquiring the household division of AEG in 1994, in 2005 Electrolux then bought the rights to the brand name AEG and now uses it on some of its products. As of 2009 the AEG name is also licensed to various other companies.