Bigger Fish, Same Pond
After a big meal, you want some time to digest. That’s what mega-lighting entity Philips has done after a six-year tear of acquisitions, including its purchase of LED lighting system manufacturer Color Kinetics (announced in June 2007) and solid-state lighting technology company TIR Systems (March 2007). Then, in 2008, Philips acquired The Genlyte Group, an entity which had previously acquired JJI Lighting Group (May 2006), the U.S.- and Hong Kong-based operations of Strand Lighting (July 2006) and, a few years earlier, Vari-Lite (2002).
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