Skip to content. | Skip to navigation

Personal tools

The Global
Information Hub for
Lighting Technologies
and Design

Sections
Home > Business > Company News > Philips Lighting Will Become Signify Satisfying the Licensing Agreement with Royal Philips
Business | Company News | Branding | Mar 16, 2018

Philips Lighting Will Become Signify Satisfying the Licensing Agreement with Royal Philips

Philips Lighting (Euronext: LIGHT), the world leader in lighting, today announced its intention to change its name from Philips Lighting to Signify. The choice of our new company name originates from the fact that light becomes an intelligent language, which connects and conveys meaning.

The company will continue to use the Philips brand, the most trusted lighting brand in the world, under the existing licensing agreement with Royal Philips.

"We're excited to announce our new company name as another step in our transformation journey," said Eric Rondolat, CEO of Philips Lighting. "Our new company name is a clear expression of our strategic vision and a fabulous opportunity to introduce a new corporate look and feel that is uniquely our own and will serve to further unite our 32,000 employees. At the same time, we remain proud to continue to use the Philips brand on our products."

Philips Lighting's roots date back more than 125 years to the business founded by Frederik and Gerard Philips in 1891 in the Dutch town of Eindhoven. Throughout its history, the company has been at the forefront of many of the lighting industry's major advancements. Today, it leads the industry worldwide in conventional, LED and connected lighting, with the largest connected lights network in the world.

The new company name satisfies the company's contractual requirements under the Company Name License Agreement with Royal Philips, which requires that it changes less than 18 months after Royal Philips no longer has a controlling interest.

In view of the renaming of the company, a proposal to amend the articles of association of Philips Lighting N.V. will be submitted to the Annual General Meeting of Shareholders to be held on May 15. The Philips Lighting stock exchange ticker will remain LIGHT.

About Philips Lighting:

Philips Lighting (Euronext: LIGHT), the world leader in lighting products, systems and services, delivers innovations that unlock business value, providing rich user experiences that help improve lives. Serving professional and consumer markets, we lead the industry in leveraging the Internet of Things to transform homes, buildings and urban spaces. With 2017 sales of EUR 7.0 billion, we have approximately 32,000 employees in over 70 countries. News from Philips Lighting is located at the Newsroom, Twitter and LinkedIn. Information for investors can be found on the Investor Relations page.

FEATURED

NICHIA LED Technology Presented at LICHTWOCHE München

NICHIA LED Technology Presented at LICHTWOCHE München LED manufacturer NICHIA, a specialist in highly efficient lighting, Human Centric Lighting and the imitation of natural light, will participate in the Munich Lichtwoche 2021 from 5 to 12 November with a light installation, two presentations and a discussion on the topic of UV-C. The light ... Read more »

EDITORIAL

deLIGHTed Talks: Good Light – Good Life in Wintertime, November 3, 2021

deLIGHTed Talks: Good Light – Good Life in Wintertime,  November 3, 2021 The Good Light Group, together with the Society for Light Treatment and Biological Rhythms (SLTBR), the Daylight Academy (DLA), the International Association of Lighting Designers (IALD), and Luger Research (LR), are organizing and presenting the “Good Light – Good Life” lectures. The webinar ... Read more »

page_peel