Philips and Acuity Brands, Inc. announced today that they have entered into a license agreement allowing Acuity Brands to access Philips’ LED-based patent portfolio. Philips makes its patent portfolio for LED systems and controls available via a licensing program to third parties in order to foster industry growth.
The agreement will apply to worldwide sales of LED-based luminaires developed and marketed by all of the Acuity Brands businesses. Through the agreement, Acuity Brands will be able to incorporate Philips’ patented technologies related to the development and digital control of LED systems for general lighting, architectural and theatrical applications.
This license agreement with Acuity follows earlier agreements of Philips with key lighting players like Zumtobel and Osram. Philips’ licensing program combines many LED luminaire-related inventions of Philips and several of its acquired companies to simplify the use of LED technologies by third parties. Apart from leveraging this strong position to provide best-in-class LED-based lighting applications and solutions, Philips aims to speed up market adoption and growth by making available its market-leading patented technologies to third parties. Additional information is available at www.ip.philips.com/licensing/ssl.