Philips completes acquisition of Color Kinetics
- Details
A statement says: "The acquisition of Color Kinetics further bolsters Philips' strong intellectual property portfolio, adding important patents relating to intelligence and control technology for LED lighting. Color Kinetics also has in excess of 15,000 professional installations worldwide and an array of large, industrial customers in professional channels.
"The acquisition of Color Kinetics builds on the acquisition of Lumileds in 2005, through which Philips ensured a leading position in hi