Andrea Ragnetti, Chief Executive Officer of DAP, will focus on the fundamentals of the strong performance of its businesses and the key drivers of the sustainable growth in sales and margins DAP has achieved. Mr. Ragnetti, who will become CEO of Philips Consumer Lifestyle sector effective January 1, will also elaborate on the strong […]
“Over the past five years, Emergin has brought several innovations to market in concert with Philips , from new care models to multi-faceted alarm notification methods,” said Michael A. McNeal , Emergin ’s president and CEO.
December 6, 2007 Electronics giant Philips said that it was on course to achieve three per cent core profit margin in its consumer division for 2007, reaching its annual target. Consumer electronics division chief executive Rudy Provostsaid that overall the companys performance was improving though it was facing strong competition on displays in the […]
NEW YORK (Associated Press) - Royal Philips Electronics NV, one of Europe’s largest medical equipment and electronics manufacturers, said Tuesday it will acquire privately held U.S.-based Emergin Inc., a provider of clinical alarms used in hospitals. Financial terms of the deal were not disclosed. When the transaction is completed, Emergin will be folded into […]
To further underline Philips’ commitment to create a non-traditional, seductive campaign, Philips also partnered with the Paris-based fashion House of Lanvin. Providing an enthralling fashion sense to the campaign, the dresses used in the Aurea imagery are designed by Alber Elbaz of Lanvin. Alber Elbaz is recognized as one of the world’s most innovative fashion […]
According to the international energy agency, lighting represents 19% of the energy bill, which can be reduce up to 80% by converting from conventional lamps technology into the latest technologies in energy efficiency. About 3/4 of all lighting currently installed in the world is based on older, less energy efficient technology – developed before […]
The deal would make Philips the biggest lighting company in North America. Chief Executive Gerard Kleisterlee is using proceeds from selling semiconductor holdings to bolster medical and lighting divisions and return cash to shareholders. Genlyte will help the Amsterdam-based company boost sales of systems using high-power light-emitting diodes, or LEDs. Philips stock fell 8 […]
The deal will make Philips, which is based in Amsterdam, the biggest lighting company in North America. Gerard Kleisterlee, the Philips chief executive, is using proceeds from selling the semiconductor holdings to bolster the Philips medical and lighting divisions and return cash to shareholders. Genlyte will help the company increase sales of systems using […]
SAN FRANCISCO - Royal Philips Electronics NV, the world’s biggest maker of light bulbs, agreed to buy lighting-fixtures manufacturer Genlyte Group Inc. for $2.7 billion, its largest purchase ever. Philips will pay $95.50 a share in cash, it said yesterday. The bid is 52 percent more than Louisville, Ky.-based Genlyte’s closing price of $62.67 […]
Philips and Epson have joined forces in an innovative new solution that reflects a new era in home entertainment and digital photography. The PhotoViewer brings the traditional family experience of enjoying slide shows into the 21st century with an additional modern twist. The PhotoViewer makes it possible to watch photos on a large TV […]