Philips and Lighting Science Group Settle Litigation and Continue LED Relationship

Lighting Science Group Corp. (LSG), Dallas, and Royal Philips Electronics of the Netherlands have settled all of their commercial and intellectual property disputes by way of a comprehensive agreement that revives their former commercial alliance. The agreement provides that trade in LED lighting products between the companies will be intensified, that LSG takes out a royalty-bearing license to the Philips LED-based luminaires and retrofit bulbs licensing program, and that Philips will make a

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