2016-10-14

Philips is in Talks to Sell Lumileds to American Private Equity Firm

Royal Philips NV is in discussion to sell its lighting-components division, Lumileds to American private equity firm, Apollo Global Management LLC, reported Bloomberg Technology.
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Signify, the world leader in lighting, announces that Kwekerij Bolleboom in Bleiswijk and Kwekerij Bazuin in Pijnacker in the Netherlands are investing in Philips GreenPower LED toplighting force elite and Philips GrowWise control for their cu... READ MORE

Cree LED®, a Penguin Solutions brand (Nasdaq: PENG), and Promier Products, Inc. today announced that they have reached a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED’s patents related to L... READ MORE