The company Philips Lighting, the world leader in the field of lighting, announced a name change from Philips Lighting to Signify.

The new name highlights new lighting possibilities. Light has become smart today, it can combine into systems, collect and transmit data and change ideas about the possibilities of light.

According to the terms of the License Agreement with Royal Philips, the company will continue to produce products under the brand Philips the brand that is most trusted in the lighting world. 

«We are pleased to announce the change of the company's name – a step that will be a new stage in our development. The new name accurately reflects our strategic concept and provides an amazing opportunity to present an updated and unique corporate identity that will continue to unite our 32,000 employees. At the same time, we are proud that we will continue to produce products under the Philips brand.

Eric Rondola, CEO of Philips Lighting

The history of Philips Lighting dates back more than 125 years since its foundation by Gerard Philips in the Dutch city of Eindhoven in 1891. For many years, the company has been a pioneer in creating significant achievements in the field of lighting. Today it is a leader in the field of traditional and LED solutions, as well as "smart" lighting systems, and has the largest network of integrated light points in the world.