Philips acquires French Li-Fi company

The Dutch lighting giant quietly picked up Luciom late last year, and has already moved it to Eindhoven. Holland’s Philips Lighting has quietly acquired a small French company specializing in visible light communications (VLC) in a move believed to be aimed at boosting Philips’ capabilities in Li-Fi, the light-based technology expected to provide Wi-Fi-like two-way […]


Philips Sells 80.1% Shares of Lumileds to Apollo Global Management

Royal Philips announced that it has signed an agreement to sell an 80.1% interest in Lumileds, a leading supplier of LED components and automotive lighting, to certain funds managed by affiliates of Apollo Global Management, LLC (NYSE: APO) (together with its consolidated subsidiaries: “Apollo”). Philips will retain the remaining 19.9% interest* in Lumileds. An analyst […]


Philips, Cisco wire Madrid skyscraper with IoT lighting

The owner of the 32-story Torre Europa in a busy financial district hopes modern PoE technology draws premium tenants. In one of the largest known installations yet of Power-over-Ethernet (PoE) lighting, Philips and Cisco are wiring the 400-ft Torre Europa in Madrid’s financial district with the smart LED technology. Philips said it has equipped 14 […]


GVA Lighting joins Philips Lighting’s EnabLED Licensing Program

(Netherlands) – GVA joins other members to help accelerate adoption of energy efficient LED lighting. Philips Lighting has announced that it signed a patent license agreement with GVA Lighting, a designer and manufacturer of LED lighting systems for architectural and commercial markets. The license provides GVA Lighting with full, worldwide access to a wide range […]


Juventus switch to LED stadium lighting

Philips says its ArenaVision system supports ultrahigh-definition TV broadcasts. Reigning Italian soccer champions Juventus opened its new season under LED stadium lighting, in a move that supplier Philips Lighting said will support ultrahigh-definition (UHD) television broadcasts. The Turin club installed 396 Philips ArenaVision LED fixtures, replacing high-intensity discharge (HID) luminaires for field lighting. Philips says […]