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Royal Philips News
Lumileds Goes Independent
SAN JOSE, Calif., July 21, 2017 — Lighting solutions provider Lumileds has become an independent company. As announced in December 2016, Apollo Global Management LLC and technology company Royal Philips NV agreed to a transaction where Philips would sell 80.1 percent interest in Lumileds to certain funds managed by Apollo and retain the remaining 19.9 percent interest. Apollo is a global alternative investment manager. “We are fortunate to have Apollo and Philips’ support as Lumileds embarks upon our next
Royal Philips Develops Noncontact Blood Oxygen Measurement
AMSTERDAM, June 10, 2016 — Healthcare technology provider Royal Philips NV has announced that its proprietary camera-based monitoring technology to measure the reflected light off of human foreheads has been used in a study to demonstrate the accurate measurement of absolute...
Philips Semiconductors Becomes NXP
Sep 5, 2006 — Philips Semiconductors CEO Frans van Houten announced Friday the company will now be known as NXP, marking a milestone in its 53-year history as it becomes independent from Royal Philips. The name change announcement follows an agreement between...
Daily News Briefs
Apr 6, 2005 — Cognex Corp., a Natick, Mass., supplier of machine vision systems, announced that the Felix Schoeller Group, a German paper manufacturer, will integrate its SmartView surface inspection system at its manufacturing plants throughout Germany and...
Daily News Briefs
Jan 16, 2004 — A new technology developed by Israeli dermatologists for treating psoriasis, vitiligo, atopic dermatitis and leukoderma has been cleared by the US Food and Drug Administration (FDA) to be marketed in the US. MultiClear, manufactured by CureLight...
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April 2024
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