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2017-02-19

Philips’ Recent Acquisition of Luciom Could Reveal Its Ambition To Pioneer Li-Fi Development

While the public fixed their eyes on Osram’s deal with the Chinese consortium, another acquisition secretly took place in Europe. Philips, the Dutch lighting giant recently focusing on healthcare technology, last year privately bought Luciom and relocated it from France to Eindhoven, Netherland, reported LEDs Magazine.
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