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Philips Lighting is now Signify

06 Dec 2019 by Signify

Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, has today launched its new company name, following the amendment of the company’s articles of association changing its name from Philips Lighting N.V. to Signify N.V.

"The choice of our new company name originates from the way light becomes an intelligent language, which connects and conveys meaning. It is a clear expression of our strategic vision and purpose to unlock the extraordinary potential of light for brighter lives and a better world."

Eric Rondolat

CEO, Signify

Signify will continue to use the Philips brand for its products, the most trusted lighting brand in the world, under the existing licensing agreement with Royal Philips. The company expects the name change to be implemented in all the countries where it is active by the beginning of 2019.

Founded as Philips in Eindhoven, the Netherlands, we’ve led the lighting industry with innovations that serve professional and consumer markets for more than 127 years. In 2016, we spun off from Philips, becoming a separate company, listed on Amsterdam’s Euronext Stock Exchange. We were included in the benchmark AEX index in March 2018.

With operations in more than 70 countries and 32,000 people worldwide, Signify generated sales of EUR 7 billion and invested EUR 354 million in Research and Development in 2017.

“We are driven by the principle that light is essential,” Eric Rondolat added. “And by connecting it to networks, software, sensors and IoT platforms, we open the door to a smarter world.”

News from Signify is located at the Newsroom, Twitter and LinkedIn. Information for investors can be found on the Investor Relations page.

Signify
Signify
Netherlands
Number one in connected, LED and conventional lightingSignify is the world leader in lighting for professionals, consumers and lighting for the Internet of Things. Our energy efficient lighting products, systems and services enable our customers to enjoy a superior quality of light, and make people’s lives safer and more comfortable, businesses more productive and cities more livable. With 2018 sales of EUR 6.4 billion, approximately 29,000 employees and a presence in over 70 countries, we’re unlocking the extraordinary potential of light for brighter lives and a better world. A company with a purposeOur purpose is to unlock the extraordinary potential of light for brighter lives and a better world. We achieve this through living our values, innovation, passion for sustainability and desire to transform people’s lives.Innovators today and tomorrowFor more than 125 years we have pioneered breakthroughs in lighting and been the driving force for many innovations. Our track record in innovation is strong and we invest heavily in R&D to stay at the forefront of technological developments.Signify continues to innovate in LED lighting and is leading the industry’s expansion to lighting systems in both the professional and consumer markets. Our position as the industry leader in connected lighting, makes Signify the lighting company for the Internet of Things (IoT).Lighting knowledge for youLighting Academy offers a comprehensive range of educational resources for people who want to expand their lighting knowledge. With a rich history in lighting, Philips is uniquely qualified to bridge the gap between cutting edge lighting innovation and the real-world solutions required by professionals

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