2017-07-06

Lumileds Officially an Independent Company as Funds Affiliated with Apollo Global Management and Philips Complete Transaction

Lumileds announced that funds affiliated with Apollo Global Management, LLC (together with its subsidiaries, “Apollo”), and Royal Philips completed their previously disclosed transaction, resulting in Lumileds operating as an independent company. Lumileds develops lighting solutions for the automotive, mobile, IoT and illumination segments, enabling customers to push the boundaries of light.
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2016-12-12

LEDinside Analyses Lumileds Sale to Apollo Global Management to Strengthen Asian OEM Partnerships

Royal Philips concluded its LED component business sale after the takeover was delayed for nearly one year, due to national security concerns raised by The Committee on Foreign Investment in the United States (CFIUs) earlier in January this year.
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2016-12-12

[Breaking News] Apollo Global Management to Acquire Lumileds for US $2B

Royal Philips announced that it has signed an agreement to sell an 80.1% interest in Lumileds, a leading supplier of LED components and automotive lighting, to certain funds managed by affiliates of Apollo Global Management, LLC (NYSE: APO) (together with its consolidated subsidiaries: “Apollo”). Philips will retain the remaining 19.9% interest* in Lumileds. 
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Macroblock, a leading provider of LED driver ICs, is making its debut at SID Display Week, the world’s premier event for display technologies, held from May 5 to May 7. At the exhibition, Macroblock is showcasing a broad portfolio of pro... READ MORE

Philips Hue and Philips Smart Lighting (connected by WiZ) - part of Signify, the world leader in lighting - have announced the launch of Sports Live, a new software available during the Championship 2026. Sports Live uses live match data to tr... READ MORE