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Optimum Lighting Acquired by Philips

Optimum Lighting Acquired by Philips

About the Seller

Founded in 2005, Optimum Lighting is a manufacturer of energy-efficient lighting fixtures. Optimum specializes in customized solutions of fluorescent fixtures for retail, industrial, commercial and warehouse applications. Headquartered in Henderson, North Carolina, Optimum employs approximately 70 people

About the Purchaser

Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is a diversified health and well-being company, focused on improving people’s lives through timely innovations. As a world leader in healthcare, lifestyle, and lighting, Philips integrates technologies and design into people-centric solutions, based on fundamental customer insights and the brand promise of “sense and simplicity”. Headquartered in the Netherlands