Per the agreement, Philips will welcome Acuity Brands as a licensee for its LED luminaries program, allowing Acuity Brands to access Philips’ LED-based patent portfolio. Acuity Brands encompasses Lithonia Lighting, Holophane, Peerless, Gotham and Mark Architectural Lighting brands, among others.
Philips makes its patent portfolio for LED systems and controls available via a licensing program to third parties in order to foster industry growth, according to the company. This license agreement with Acuity follows earlier agreements of Philips with key global lighting players like Zumtobel and Osram.
The agreement will apply to worldwide sales of LED-based fixtures developed and marketed by all of the Acuity Brands businesses. 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.
“Philips has significantly invested in the research and development of solid-state lighting, particularly in the past several years. Our wide-ranging IP portfolio reflects the resulting innovations,” says Rudy Provoost, CEO of Philips Lighting. “At the same time, we’re committed to the growth of the industry and have a vested interest in accelerating adoption. We’re therefore very pleased to work with Acuity to stimulate the market and support customer choice by offering new LED lighting solutions to the market.”
“Acuity Brands is also known as a leader for its development and sale of LED and other energy efficient lighting fixtures," says Vernon Nagel, Chairman, President and CEO of Acuity Brands. “We believe this agreement will enable us to continue our innovation and leadership in providing technologically advanced, sustainable LED lighting and controls solutions to our customers."
Philips’ licensing program combines many of its own LED fixture-related inventions with several of those from its acquired companies to simplify the use of LED technologies by third parties.