Philips and Acuity Brands, Inc. recently announced that they have entered into a license agreement allowing Acuity Brands to access Philips’ LED-based patent portfolio. Philips makes its patent portfolio for LED systems and controls available via a licensing program to third parties in order to foster industry growth.
The agreement will apply to worldwide sales of LED-based light fixtures developed and marketed by all of the Acuity Brands businesses. Through the agreement, Acuity Brands will be able to incorporate Philips’ patented technologies related to the development and digital control of LED systems for general lighting, architectural and theatrical applications.
This license agreement with Acuity follows earlier agreements of Philips for its intellectual property with key lighting players including Zumtobel and Osram.
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