Philips signs patent license agreement with Italy Igucini

March 28, 2021

Recently, Philips Lighting has signed a patent license agreement with the famous Italian lighting manufacturer iGuzzini Lighting Company. Under the agreement, Philips will provide Igucini Lighting with a complete, globally patented LED system and control related technology. In addition, the two companies also agreed to lift all pending litigation related to LED luminaires and modified bulb patents.

"We believe that through our open and accessible license agreements, we will help older lighting companies such as Iguccini accelerate the adoption of LED lighting, which will greatly contribute to the development of the LED industry." Philips Lighting Intellectual Property License Advanced Director Frank Bistervels said.

Philips Lighting Signs Patent License Agreement with Italy Igucini Lighting

It is reported that the license is another step based on the widespread use of intellectual property rights in LEDs owned by Philips to accelerate market development. Previously, Philips has signed patent licensing agreements with more than 600 lighting companies, including vision brands, Cooper Lighting, Trilux, Osram, Cree, and Zumtobel. Philips' goal is to accelerate the rapid growth of LED lighting and related product markets by providing the lighting industry with market-leading LED luminaires and retrofit bulb technology patents.

In the field of LED lighting, Philips has a large number of patents covering most of the technology branches of the LED lighting industry chain. In 2008, Philips Lighting launched its patent licensing program, the “Lamps and Light Source Licensing Program Agreement”, which directly affected the market share of lighting companies at home and abroad.

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