Hubbell signs license agreement with Philips for LED Luminaires
Royal Philips (NYSE: PHG, AEX: PHIA), the global leader in lighting, today announced that Hubbell Lighting, Inc., a division of Hubbell Incorporated has joined its LED Luminaires and Retrofit Bulbs Licensing Program. Through membership of its open Licensing Program, Hubbell Lighting, Inc. will benefit from Philips’ patented and leading-edge innovations in LED control and system-level technologies.
“Hubbell has a proud history of providing innovative lighting products to its customers. We are very happy to be able to benefit from Philips’ innovations through this Program. Philips is a respected inventor in the LED market and we believe their innovations improve many of our product offerings to the market.” said Kevin Poyck, Group President for Hubbell Lighting, Inc.
“We now have more than 500 licensed companies in our program and the addition of Hubbell underlines the value of our innovations. It is important to us that Hubbell can benefit from our patented technologies in its product offerings and work with us to grow the LED market as a valued member of our program. We believe having licensees like Hubbell in our open and accessible license program will further accelerate the adoption of LED lighting,” said Arian Duijvestijn, Senior Vice President at Philips Intellectual Property & Standards.
Launched in 2008, the LED Luminaires and Retrofit Bulbs Licensing Program, which provides access to over 220 inventions and over 1,400 granted patents to companies that sell their own branded LED products, added its 500th licensee in earlier this year.
Through the Philips LED Luminaires and Retrofit Bulbs Licensing Program, licensees are given access to a wide range of basic LED control and system-level technologies available for use in their branded LED-based luminaires and retrofit bulbs for general illumination, architectural, entertainment and theatrical markets. Additional information is available at www.ip.philips.com/licensing/ssl.
About Royal Philips
Royal Philips (NYSE: PHG, AEX: PHIA) is a diversified health and well-being company, focused on improving people’s lives through meaningful innovation in the areas of Healthcare, Consumer Lifestyle and Lighting. Headquartered in the Netherlands, Philips posted 2014 sales of EUR 21.4 billion and employs approximately 108,000 employees with sales and services in more than 100 countries. The company is a leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as male shaving and grooming and oral healthcare. News from Philips is located at www.philips.com/newscenter.
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