2016-04-11

Philips Names Investors for Possible Lighting Unit IPO

Royal Philips has listed six banks and filed draft documents to the Dutch market regulator for a possible IPO for its lighting division as it proceeds the sale of the lighting business, according to a recent Bloomberg report.
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2015-02-26

Philips Plans to Issue IPO for Lighting Division

Philips outlined its intention of offering an initial public offering (IPO) for its lighting business in a recent annual shareholders agenda press release.
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Signify, the world leader in lighting, has partnered with Mercedes-AMG to help set a new world record for electric vehicle performance. The CONCEPT AMG GT XX secured a new world record for electric distance driving by driving 40,075 km in 7 da... READ MORE

Battling germs with UV-C radiation: disinfection with light is gaining global importance — in hospitals, offices, kitchens, and bathrooms. Even tap water can be disinfected using UV-C radiation. ams OSRAM has now achieved a technological... READ MORE