PHILPS to complete the acquisition of Color Kinetics to build a solid state lighting industry chain

Royal PHILPS Electronics announced the day of completion of the acquisition of Color Kinetics, CK in the financial sector will soon be equipped with PHILPS lighting production group together.

The acquisition of CK will be LED lighting intelligent control technology related patents into PHILPS's powerful intellectual property group. The acquisition, coupled with its acquisition of LumiLEDs and TIR, provides PHILPS with a fully integrated, powerful solid-state lighting product line to ensure its position in the field of high-power LED.

About Royal PHILPS Electronics

Royal Dutch Philips Electronics Ltd is a global leader in healthcare, lifestyle and core technology, providing products, services and solutions that follow the brand commitment. Holland based PHILPS company has about 121700 employees in more than and 60 countries around the world, its 2006 sales amounted to 27 billion euros, and in medical diagnostic imaging and patient monitoring, energy efficient lighting solutions, personal care and household appliances, consumer electronics and other aspects of the world's leading.

About Color Kinetics

Color Kinetics is an industry leader in the design and development of intelligent solid state lighting systems and technologies, and has access to relevant technologies. The company's award-winning series of products using LED's practical and aesthetic performance, in the high-performance lighting and OEM license applications, breaking the limitations of traditional light sources. Its products and technical advantages, so that it has obtained a digital intelligence known as Chromacore (R) patent, the patent can be used to generate and control the millions of light colors and dynamic effects. Founded in 1997, headquartered in Boston, Massachusetts, in the United Kingdom, China are located in the office, in Japan has also set up a joint venture.

Source: China Lighting Trade Network