Signify N.V.

Signify N.V. is the world leader in lighting for professionals, consumers, and the Internet of Things, specializing in energy-efficient LED products, systems, and services. Formerly known as Philips Lighting, it originated from a historic Dutch lighting division spun off in 2016 and rebranded in 2018 to emphasize innovation and sustainability. The company unlocks the extraordinary potential of light to enhance safety, comfort, productivity, and livability in homes, businesses, and cities worldwide. Key offerings include the Philips Hue smart lighting system with over 40 million users, Interact connected platforms, and solutions for indoor/outdoor professional applications, horticulture, and consumer bulbs. Operating in over 70 countries with around 27,000 to 37,000 employees, Signify generates revenue primarily from its Professional segment (about 57%), Consumer segment, and growing subscription-based smart services. It invests heavily in R&D—around 6.5-7% of revenue—holding over 4,000 patents, and commits to carbon neutrality by 2025, with over 70-80% of sales from eco-friendly products. Signify's global brands like Philips, Color Kinetics, and Dynalite position it as a pioneer in connected, sustainable lighting, holding a significant share of the LED market and driving the shift toward low-carbon futures.