Philips Lighting, a global leader in illumination, has officially announced its decision to rebrand itself as **Signify**. This change marks a significant milestone in the company’s evolution and reflects a new perspective on what lighting can be. In today's connected world, light is no longer just about illumination—it has become a smart communication tool, capable of conveying information and enhancing our daily experiences.
Under the terms of the licensing agreement with Royal Philips, the company will continue to use the well-known **Philips** brand for its products, ensuring continuity and trust among consumers worldwide.
"Changing our name to Signify is an important step in our transformation journey," said Eric Rondolat, CEO of Philips Lighting at the time. "This new identity clearly aligns with our strategic vision and helps us unite our 32,000 employees across the globe. While we embrace this new name, we will continue to leverage the strong reputation of the Philips brand to drive our product innovation."
Founded in 1891 by Frederik and Gerard Philips in Eindhoven, the Netherlands, Philips Lighting has a rich history spanning over 125 years. Over the decades, the company has consistently led the lighting industry, pioneering advancements from traditional lighting solutions to cutting-edge LED and smart, connected lighting systems. Today, it operates one of the largest intelligent lighting networks in the world.
The rebranding follows the terms of the licensing agreement with Royal Philips, which requires the company to change its name once Royal Philips ceases to be the controlling shareholder. As part of this transition, a formal vote will take place at the Philips Lighting Holdings Annual General Meeting on May 15, 2018. Once approved, the company’s articles of association will be updated accordingly, and its stock will continue to trade under the ticker symbol **LIGHT**.
This move not only signals a fresh chapter for the company but also reinforces its commitment to innovation, connectivity, and delivering smarter lighting solutions for the future.
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