Val
Ryder Cup Winner
Just to correct Val's misconception...
Puma isn't owned by anyone else - it's the top of its tree.
In fact, it stemmed from one started by 2 brothers - Adolf and Rudolf Dassler. When they 'fell out' Adolf started Adidas (guess where that name came from!) while Rudolf created Puma.
And to differentiate....
Titleist is part of the Acushnet group that includes Footjoy and Scotty Cameron. Acushnet was owned by a US company, but was sold to a Korean equivalent that also owns the Italian brand, Fila.
Missed this post.
Puma are the daddy and owned by Puma (or Puma SE for accuracy)
Accushnet - The Korean equivalent don't own Acushnet and Fila, The Korean company are Fila (or Fila Korea for accuracy).
All info freely available on wikipedia