OSRAM and Philips conclude LED cross-license agreement for LED technologies in luminaires
The special rights relate not only to patents held by Philips but also to patents held by Color Kinetics and TIR Systems which were acquired by Philips last year. The compensatory payment – which both parties have agreed not to divulge – will be partially offset by OSRAM by selling rights to its own patents. This agreement will give the market for LED-based lighting a further boost.
“Thanks to this agreement, OSRAM key components provide our customers with unique opportunities. It stimulates new possibilities for the lighting market and, like Philips, we will accelerate the development of this market”, said Martin Goetzeler, CEO of OSRAM.The LED components are based to a large extent on chips fabricated in OSRAM’s highly advanced factories in Regensburg and Penang/Malaysia, and this is an area in which OSRAM itself has a leading patent portfolio.
Lars Stühlen
Tel: +49-89-6213-2597
Fax: +49-89-6213-3457
Email: l.stuehlen@osram.com
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Eindhoven, The Netherlands – Royal Philips Electronics N.V. (NYSE: PHG, AEX: PHI) and Osram have concluded a patent license agreement for LED-based technology used in luminaires.
Philips’ customers purchasing all key LED luminaire components from Philips already enjoy the advantage of not having to pay royalties under Philips’ recently introduced LED-based luminaire licensing program. Now, Osram has taken a license from Philips to obtain the same effect for Osram customers. The compensation to Philips for this arrangement also benefits Philips customers because it includes royalty free access to Osram LED system patents when purchasing all key components from Philips. This agreement is a next step in making the basic Philips LED control IP broadly available to accelerate the development of the market.
Rudy Provoost, Chief Executive Officer of Philips Lighting comments: “Trends such as the shift to solid-state lighting and the transition to energy-efficient lighting, impact the way we do business. Both Philips and Osram are aware of the changing market. We therefore see it as a milestone concluding this agreement so that our customers can further develop the LED-based lighting market.”
For further information, please contact:
Caroline Kamerbeek
Philips Intellectual Property & Standards
Tel: +31 40 2740588
Email: caroline.kamerbeek@philips.com
Jeannet Harpe
Philips Lighting
Tel: +31 40 27 56299
Email: jeannet.harpe@philips.com
