Epiphone is wholly owned by Gibson. However, prior to Gibson buying out the Epiphone guitar company, in the early to mid 50's, Epiphone had a long and storied history of its own, and they made some spectacular guitars - archtops in particular, that rank among the best ever made. Some of those old Epis can still be purchased and for a great price. I have had several.
Next, the current Epiphone Dove or Hummingbirds don't come close to the Gibson version, however, I would caution that the Gibsons are not themselves all that. The Hummingbird is not one of the better or more successful Gibson designs, imo. I have yet to play one I would buy, though I admit they look cool.
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