ARCHITECT and Architectural Lighting editor Elizabeth Donoff reports that on May 16, Philips Lighting officially announced its new company name, Signify.
The change comes after several years of transition as the company repositions itself in the lighting market and how it will focus on the creation of lighting products and solutions.
From the press release:
Signify (Euronext: LIGHT), the world leader in lighting, has today launched its new company name, following the amendment of the company’s articles of association changing its name from Philips Lighting N.V. to Signify N.V.
“The choice of our new company name originates from the way light becomes an intelligent language, which connects and conveys meaning,” said Eric Rondolat, CEO of Signify. “It is a clear expression of our strategic vision and purpose to unlock the extraordinary potential of light for brighter lives and a better world.”