Philips Licenses LED Technology to Acuity

As sales of LED lighting products continue to grow by an estimated 30 percent annually, lighting manufacturers are quickly pairing up in unique licensing agreements. Over the past year, Philips, Eindhoven, Netherlands, has announced five different licensing arrangements with lighting fixture manufacturers that want to use its LED lamp technology.

Announced on Oct. 22, the most recent agreement linked Philips with Acuity Brands Inc., Atlanta, and will give Acuity access to Philips’ LED

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