Signify

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A global lighting technology company created through the 2016 separation of Philips' lighting business.

Last updated August 31, 2026

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First read: Nov 4, 2026
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Overview

Signify is a Dutch multinational lighting technology company headquartered in Eindhoven. It was established in 2016 when Koninklijke Philips separated its lighting division from the rest of the group through a separately listed company. The business traces its industrial heritage to Philips' early incandescent-lamp manufacturing in Eindhoven, which began in 1891, but Signify itself emerged as an independent corporate entity more than a century later. The separation reflected Philips' broader strategic reorientation toward health technology and related businesses. Philips announced in 2014 that it intended to divide its activities into two focused organizations: one centered on health and medical technology and another built around lighting, connected LED systems and related applications. On 3 May 2016, the lighting company was formally established as Philips Lighting N.V. The company completed an initial public offering on Euronext Amsterdam on 27 May 2016 under the ticker LIGHT. The offering represented 25% of the shares and valued the separated company at approximately US$3.4 billion according to contemporary descriptions of the transaction. Although the corporate name changed, Philips remained central to the commercial identity of the business. In March 2018, Philips Lighting announced that it would adopt the name Signify, with the change taking effect on 16 May 2018. Signify continued to manufacture and sell products using the Philips brand under license, while also developing and marketing its own portfolio of brands and technologies. These include Philips Hue for connected consumer lighting, Color Kinetics for architectural and entertainment lighting, WiZ for smart connected lighting, and other professional and specialist offerings. Signify's activities cover electric lamps, LED light sources, luminaires, lighting controls, connected lighting platforms and systems that connect lighting to digital networks or the Internet of Things. Its customers include consumers, commercial and industrial users, municipalities, infrastructure operators, building owners, designers and horticultural producers. The company therefore operates across both consumer and professional markets rather than serving solely as a traditional lamp manufacturer. A major part of Signify's development has involved expanding its connected-lighting and specialist capabilities through acquisitions. In 2019 it acquired WiZ Connected, a Hong Kong-based provider of Wi-Fi-connected lighting. In 2020 it bought Cooper Lighting Solutions from Eaton for US$1.4 billion, strengthening its North American professional-lighting business. In 2021 it acquired Telensa, a United Kingdom company focused on smart street-lighting controls. Signify agreed in December 2021 to acquire Fluence, a horticultural-lighting company owned by AMS Osram; the transaction was completed in May 2022 for a reported US$272 million. In 2023 it acquired assets from Universal Douglas subsidiaries Douglas Lighting Controls and Universal Lighting Technologies. Today, Signify presents itself as a lighting technology and connected-systems company serving markets worldwide. Its portfolio combines lamps and luminaires with software, controls, sensing, networking and specialized applications. The business continues to use the Philips name for many products while operating corporately under Signify.

History

Signify's history is rooted in the early development of Philips. Philips began manufacturing incandescent lamps in Eindhoven in 1891, and lighting remained one of the group's foundational activities for more than a century. The later Signify organization inherited this industrial base, product knowledge and international lighting business, but was created as a separate company during Philips' strategic transformation in the 2010s. In September 2014, Philips announced its intention to split its activities into two focused organizations. The proposed health and medical technology business would become the central successor to Philips' corporate strategy, while the lighting division would be separated as a company focused on connected LED lighting and associated systems. Philips described the lighting arm as a substantial international operation selling products in 180 countries, even as the health technology activities represented more than 40% of group sales. On 3 May 2016, Philips announced the formation of Philips Lighting N.V. The new company was separated through an initial public offering rather than remaining an internal Philips division. On 27 May 2016, Philips Lighting listed on Euronext Amsterdam under the symbol LIGHT. Contemporary accounts described the offering as covering 25% of the shares and valuing the company at approximately US$3.4 billion. The transaction created a separately traded lighting company while preserving commercial continuity with the Philips name. The company subsequently sought to broaden its capabilities beyond conventional lamps and fixtures. Its business included LED sources, luminaires, control systems and connected lighting for consumers, professionals and Internet-of-Things applications. Connected products and digital controls became increasingly important as lighting shifted from standalone hardware toward networked systems capable of remote management, automation and integration with buildings, homes and public infrastructure. In March 2018, Philips Lighting announced a change of corporate name to Signify. The new name became effective on 16 May 2018. This rebranding distinguished the corporate entity from Philips while allowing the company to continue manufacturing products under the Philips brand under license. Signify also developed a multi-brand portfolio that included Philips Hue, Color Kinetics, WiZ and other specialist offerings. Acquisitions became an important part of the company's expansion. In April 2019, Signify acquired WiZ Connected, a Hong Kong-based provider of Wi-Fi-connected lighting. In March 2020, it bought Cooper Lighting Solutions from Eaton for US$1.4 billion, adding scale in professional lighting. In July 2021, Signify acquired Telensa, a UK company specializing in smart street-lighting controls. In December 2021, it announced an agreement with AMS Osram to acquire Fluence, a horticultural-lighting company; the reported US$272 million transaction closed in May 2022. In October 2023, Signify acquired assets from Douglas Lighting Controls and Universal Lighting Technologies, subsidiaries associated with Universal Douglas. The modern Signify business therefore combines the legacy of Philips lamp manufacturing with LED technology, luminaires, controls, software-enabled connected systems, smart-city infrastructure, architectural lighting and horticultural applications. It serves consumer and professional customers internationally and continues to use the Philips brand for selected products while operating as Signify N.V.

2023
Universal Douglas assets are acquired
[1]Signify N.V.en.wikipedia.org
Signify acquires assets from Douglas Lighting Controls and Universal Lighting Technologies.
2022
Fluence acquisition is completed
[1]Signify N.V.en.wikipedia.org
Signify completes its acquisition of Fluence, expanding its horticultural-lighting business.
2021
Telensa is acquired
[1]Signify N.V.en.wikipedia.org
The acquisition adds smart street-lighting control technology from the UK company Telensa.
2020
Cooper Lighting Solutions is acquired
[1]Signify N.V.en.wikipedia.org
Signify acquires Eaton's lighting business for a reported US$1.4 billion.
2019
WiZ Connected is acquired
[1]Signify N.V.en.wikipedia.org
Signify expands its Wi-Fi-connected smart-lighting capabilities through the acquisition of WiZ Connected.
2018
Corporate name changes to Signify
[1]Signify N.V.en.wikipedia.org
The Philips Lighting corporate name is replaced by Signify on 16 May, while Philips-branded products continue under license.
2016
Philips Lighting N.V. is formed and listed
[1]Signify N.V.en.wikipedia.org
The separated lighting company is formed in May and lists on Euronext Amsterdam on 27 May under LIGHT.
2014
Philips announces plans to separate its lighting division
[1]Signify N.V.en.wikipedia.org
Philips announces a plan to separate health technology from its connected LED lighting business.
1891
Philips begins incandescent-lamp manufacturing in Eindhoven
[1]Signify N.V.en.wikipedia.org
The lighting heritage later associated with Signify begins with Philips' early incandescent-lamp factory in Eindhoven.

Products and positioning

Professional and consumer lighting technology, with emphasis on LED products, connected lighting, controls, digital systems and specialized applications.

Connected consumer lighting
Philips Hue
Philips Hue is Signify's connected consumer-lighting portfolio, offering smart lamps, fixtures and control capabilities associated with the Philips brand. The range represents the company's move from standalone lighting hardware toward networked home products that can be managed and automated through connected controls.
Smart consumer lighting
WiZ
WiZ is Signify's smart-lighting brand associated with Wi-Fi-connected lamps and fixtures. Its addition to the portfolio followed Signify's 2019 acquisition of WiZ Connected and supports the company's consumer connected-lighting strategy.
Architectural and entertainment lighting
Color Kinetics
Color Kinetics is a Signify brand focused on digitally controllable architectural, exterior and entertainment lighting. It forms part of the professional portfolio that combines LED luminaires with color control and system-level lighting management.
Consumer and professional lighting
Philips-branded lamps and luminaires
Signify continues to manufacture selected lamps, LED products and luminaires under the Philips brand under license. These products connect the company's post-2018 corporate identity with Philips' long-established lighting reputation.
Professional lighting and controls
Professional connected lighting systems
Signify supplies LED luminaires, lighting controls and connected systems for commercial buildings, industry, public infrastructure and other professional environments. These offerings are intended to combine illumination with digital control, monitoring and network integration.
Horticultural lighting
Fluence horticultural lighting
Fluence provides specialized lighting for horticultural applications. Signify added the business through its completed 2022 acquisition, broadening the company beyond general illumination into controlled-environment agriculture and plant-lighting applications.

Brand decisions

2021
Agree to acquire FluenceM&A
Background
Signify sought to strengthen its position in specialist horticultural lighting.
Action taken
Signify entered a final agreement with AMS Osram to acquire Fluence.
Aftermath
The acquisition closed in May 2022 and added horticultural-lighting capabilities.
Agreed acquisition price. US$272 million (20 December 2021 agreement; completed May 2022)
Source
2020
Acquire Cooper Lighting SolutionsM&A
Background
Signify pursued greater scale in professional lighting, especially in the North American market.
Action taken
The company acquired Eaton's Cooper Lighting Solutions business.
Aftermath
The transaction expanded Signify's professional-lighting operations and product portfolio.
Acquisition price. US$1.4 billion (2 March 2020)
Source
2018
Rebrand Philips Lighting as SignifyStrategy
Background
The company needed a corporate identity distinct from Philips after the separation while retaining access to the established Philips lighting brand.
Action taken
The corporate name was changed to Signify on 16 May 2018, with Philips-branded products continuing under license.
Aftermath
Signify became the corporate brand while Philips remained a product brand within its portfolio.
Source
2016
Create a separately listed lighting companyStrategy
Background
Philips' lighting division remained a large international business while the parent company concentrated increasingly on health technology.
Action taken
Philips formed Philips Lighting N.V. and floated 25% of its shares on Euronext Amsterdam on 27 May 2016.
Aftermath
The lighting business became an independently traded company under the LIGHT ticker.
Reported IPO valuation. US$3.4 billion (27 May 2016)
Source
2014
Separate lighting from Philips' health technology activitiesStrategy
Background
Philips sought to organize its businesses into a health and medical technology company and a separate connected-lighting company.
Action taken
The lighting division was prepared for separation and a public listing as Philips Lighting N.V.
Aftermath
The plan led to the creation and 2016 listing of the company that later became Signify.
Source

Recent events

2021.08.13
Reported2021.08.13
Signify launches EcoLink UV-C air purifier in India[3]Signify在印度推出EcoLink UV-C空气净化器aninews.in
Signify launched the EcoLink Air Purifier with UV-C technology in India. The product combines a HEPA filter with UV-C lamps.
2021.03.18
Reported2021.03.18
Signify sets up 3D-printing facility in Vadodara[4]Signify在瓦多达拉设立3D打印设施businesstoday.in
Signify set up a 3D-printing manufacturing facility at its existing lighting factory in Vadodara to produce 3D-printed lighting products on an industrial and commercial scale in India.
2021.03.18
Reported2021.03.18
Signify launches tailored 3D-printed light fixtures in India[4]Signify在瓦多达拉设立3D打印设施businesstoday.in
Signify launched tailored 3D-printed light fixtures in the Indian market, which consumers can design and order online or through Philips Smart Light Hubs.
2020.09.02
Reported2020.09.02
ScaleAQ and Signify partner on aquaculture LED systems[5]ScaleAQ 与 Signify 携手开发水产养殖 LED 系统undercurrentnews.com
ScaleAQ partnered with Signify on aquaculture LED systems.
2020.03.20
Reported2020.03.20
Signify launches Philips Xuantai LED desk lamp[6]昕诺飞发布飞利浦轩泰LED台灯prnasia.com
Signify announced the launch of the Philips Xuantai LED desk lamp, a flagship model with eye-care technology and smart lighting modes. The white model had debuted through the Philips Lighting Tmall flagship store and other channels; black and blue versions were to go on sale later.
2020.03.02
Reported2020.03.06
Signify completes acquisition of Cooper Lighting Solutions[7]昕诺飞完成对库柏照明解决方案的收购tech.sina.com.cn
Signify announced that it had completed its acquisition of Cooper Lighting Solutions, a business under Eaton, for $1.4 billion in cash on a debt-free basis.
2019.10.28
Reported2019.10.28
Signify and Tmall strategic partnership[8]昕诺飞与天猫达成战略合作finance.sina.com.cn
Signify announced a strategic partnership with Tmall to combine Signify’s smart-home products and technology with Tmall’s user base and online sales channels, and to strengthen cooperation in IoT.
2019.10.21
Reported2019.10.21
Signify completes acquisition of a 51% stake in Zhejiang Kaiyao Lighting[9]昕诺飞完成收购浙江凯耀照明51%股份finance.sina.com.cn
Signify announced that it had completed the acquisition of 51% of Zhejiang Kaiyao Lighting. The report stated that the deal would support strategic sourcing of LED products and strengthen supply-chain control.
2019.10.15
Reported2019.10.16
Signify agrees to acquire Eaton's Cooper Lighting Solutions[10]昕诺飞拟收购伊顿的库柏照明解决方案业务finance.sina.com.cn
Signify announced a definitive agreement to acquire Eaton's Cooper Lighting Solutions business for $1.4 billion in cash. The transaction is expected to close in the first quarter of 2020.
2019.10.15
Reported2019.10.21
Eaton announces agreement to sell its lighting business to Signify[11]伊顿宣布协议将照明业务出售给昕诺飞finance.sina.com.cn
Eaton announced a definitive agreement to sell its lighting business to Signify for $1.4 billion in cash.

Sources14 sources

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