Philips and Acuity Brands Inc. have entered into a license agreement allowing Acuity to access Philips’ LED-based patent portfolio. Philips says it makes its patent portfolio for LED systems and controls available via a licensing program to third parties to foster industry growth.

“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,” said
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.”

The agreement will apply to worldwide sales of LED-based luminaires
developed and marketed by all of the Acuity Brands businesses. Through
the agreement, Acuity will be able to incorporate Philips’ patented
technologies related to the development and digital control of LED
systems for general lighting, and architectural and theatrical
applications.

“Acuity Brands, utilizing its Lithonia Lighting, Holophane, Peerless,
Gotham, Mark Architectural Lighting and other brands, has long been a
leader in the development and sale of LED and other energy-efficient
lighting fixtures, and we are pleased to announce today the license
agreement with Philips,” said Vernon Nagel, chair, 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.”

ACUITY BRANDS INC.

PHILIPS