Philips Solid-State Lighting Solutions

Infobox_Company
company_name = Philips Solid-State Lighting Solutions
company_
company_type = Private| foundation = 1995, Boston
location = USA
key_people = William Simms, CEO | Ihor Lys, Chief Scientist
products = Lighting
homepage = [http://www.colorkinetics.com/ www.colorkinetics.com]
industry = LED lighting

Philips Solid-State Lighting Solutions is a business unit within Philips Lighting's Luminaires group. Their main office is located in Burlington, MA. The business unit makes a variety of LED lighting solutions based on their proprietary Chromasic technology. They handle a number of high profile projects such as the London Eye [http://www.led-professional.com/content/view/485/91/] , and were competing with Philips to install a new lighting system for the Empire State Building [http://www.nytimes.com/2007/04/21/nyregion/21empire.html?ex=1334808000&en=3c5862a74e1c6ab5&ei=5088&partner=rssnyt&emc=rss] when they were still a separate company called Color Kinetics. On June 19, 2007 Philips announced its intention to acquire Color Kinetics at a price of $34 per share, or $688 million for the entire company [http://www.newscenter.philips.com/about/news/article-15801.html] . On August 15, Color Kinetics announced the proposed takeover had received regulatory approval [http://biz.yahoo.com/ap/070815/color_kinetics_royal_philips.html?.v=1] . On August 27, Philips and Color Kinetics announced the completion of the acquisition [http://biz.yahoo.com/prnews/070827/nem005.html?.v=15] .

External links

* [http://www.colorkinetics.com/ Official website]