IKEA and for-profit corporations. The corporate structure is divided into two main parts: operations and franchising. The ownership of Inter IKEA Systems is exceedingly complicated and not publicly known. Inter IKEA Systems is owned by Inter IKEA Holding, a company registered in Luxembourg. The Inter IKEA Holding, in turn, is owned by the Interogo Foundation, based in Liechtenstein. In 2016, the INGKA Holding sold its design, manufacturing and logistics subsidiaries to the Inter IKEA Holding. In June 2013, Ingvar Kamprad resigned from the board of Inter IKEA Holding SA and his youngest son Mathias Kamprad replaced Per Ludvigsson as the chairman
Essential Products Essential Products Essential Products (marketed as Essential) is an American technology company and manufacturer founded on November 9, 2015 by Andy Rubin and based in Palo Alto. The company is currently developing two products, the Android smartphone Essential Phone and Essential Home, which runs Ambient OS. The company was established in Palo Alto on November 9, 2015 by Android co-founder Andy Rubin, with funding from Playground Global. In December 2016, Brian Wallace, who left his occupation as chief marketing officer for Magic Leap a month prior, was reportedly working with Rubin. Trademarks with the 'Essential' brand name were also filed