The tale of two lighting companies couldn’t show a more divergent course than Acuity’s growth and diversification into growing markets and Signify’s steady decline. The choppy seas are the same environment that both companies compete in (albeit different geographies and Signify with a larger consumer business and lamps) so the reader can conclude who is...| US Lighting Trends
Peachtree City, Georgia-based Signify has announced the completion of its acquisition of Nemalux, a market-leading manufacturer of industrial lighting solutions focused on hazardous location fixtures. Nemalux joins the Cooper Lighting Solutions business, while maintaining its established manufacturing base and headquarters in Canada. Founded in Calgary in 2003, Nemalux has built a portfolio of high-specification LED...| US Lighting Trends
Here’s a bit more on Philips Hue’s potential as a home security play: On an earnings call the president of Signify, which owns the Philips Hue brand, said the company was working on a security camera for it. Now reports are saying that there are four cameras planned and some contact sensors. I’ve had Hue lights in my […]| Stacey on IoT | Internet of Things news and analysis