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Advocate Lutheran General Hospital Cardiac Catheterization Suite
Park Ridge, IL
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Philips Appoints New Chief Design Officers
Philips has announced the appointment of chief design officers for its Healthcare and Consumer Lifestyle groups. Sean Hughes and Sean Carney join lighting designer Rogier van der Heide, who was named chief design officer for Philips Lighting in Feb. 2010.
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Amy Huntington Becomes New President of Philips Lighting Americas
Amy Huntington has been named the new president of Philips Lighting Americas
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Royal Philips Electronics Acquires Leading LED Designer Color Kinetics
Royal Philips Electronics has announced its agreement to acquire all outstanding shares of leading LED design and marketing company Boston-based Color Kinetics for $34 per share, or a total consideration of approximately EUR 592 million. The transaction will likely close in the second half of 2007. The merger builds on Philips' 2005 acquisition of Lumileds, which holds a leading position in high-power LED dyes, and on the recent acquisition of TIR Systems, a developer of solid state lighting (SSL) modules for integrated lighting products. According to Philips' lighting division chief executive, Theo van Deursen, the acquisition of Color Kinetics gives Philips a technological platform that "will serve as a springboard for Philips to further create sustainable value through making innovative LED lighting solutions widely available." The acquisition will enable Color Kinetics' complete, integrated systems for LED-based illumination to be distributed and sold globally. The merged entity will operate under the name Philips Solid-State Lighting Solutions; LED product lines will ultimately be co-branded Philips/Color Kinetics.
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