2015-11-05

CVC, KKR and Bain Rumored to Bid Philips Lighting for $6B

Large private-equity firms might be proposing to acquire Philips lighting unit for EUR 5.5 billion (US $6 billion), a Bloomberg report cited a person familiar with the matter saying.
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As the demand for large-format visual experiences accelerate, more organizations are turning to direct view LED displays for their vivid, high-impact capabilities, particularly in bright, high ambient light environments. At the same time, grow... READ MORE

Signify, the world leader in lighting, announces the expansion of its Philips GreenPower LED toplighting force portfolio with two new purpose built solutions: toplighting force performance and toplighting force elite. Designed to meet the evolvin... READ MORE