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Acuity becomes latest licensee for Philips LED Luminaires

22 October 2009 15.00 BST


(Netherlands) - Philips and Acuity Brands, Inc. 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.

“Philips has significantly invested in the research and development of solid-state lighting, particularly in the past several years. Our wide-ranging IP portfolio reflects the resulting innovations,” said Rudy Provoost, Chief Executive Officer of Philips Lighting. “At the same time, we’re committed to the growth of the industry and have a vested interest in accelerating adoption. We’re therefore very pleased to work with Acuity to stimulate the market and support customer choice by offering new LED lighting solutions to the market.”

“Acuity Brands, utilising its Lithonia Lighting, Holophane, Peerless, Gotham, Mark Architectural Lighting, and other brands, has long been a leader in the development and sale of LED and other energy-efficient lighting fixtures and we are pleased to announce today the license agreement with Philips. We believe this agreement will enable us to continue our innovation and leadership in providing technologically advanced, sustainable LED lighting and controls solutions to our customers,” said Vernon Nagel, Chairman, President, and Chief Executive Officer of Acuity Brands.

This license agreement with Acuity follows earlier agreements between Philips and 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. Philips has ensured a strong presence along the LED value chain in the past years through targeted investments and acquisitions.

www.philips.com

 

Acuity Philips
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