What REALLY happened to DuMont Labs?

[Tubejunke]

I have always been intrigued by the early monolithic and greatly yet overly engineered sets that were built in the 40s and early 50s by DuMont. I just think this will make an interesting thread for this forum. What happened. How could something so big and so great turn to nothing in only a few years. Not just the company it's self, but the product line.

I know there are probably 1,000 Web sites that answer all of this, but we come here. Anyone ever compared a 1949 say RA-109A to a 1960(ish) whatever set by DuMont? Absolute junk in comparison. I know they were bought out at some point, or several points perhaps, but they collapsed really fast from TV pioneers having their own network and such to NOTHING.

I actually remember seeing small color DuMont sets in the 80s in "dime" stores like Rose's. I guess some Japanese company had bought the rights to the name by then like most of the rest of the old names. I wonder if they are still around somewhere on Earth?????