Philips 2009 Annual Report Download - page 36

2 Our strategy in action 2.6 - 2.6
36 Philips Annual Report 2009
Strengthening leadership in
total solutions
In 2009, a number of acquisitions
reinforced our transformation from a
product champion to a provider of
application-based solutions.
Over the past few years we have been taking careful and deliberate steps to
position ourselves to deliver across the lighting value chain, especially in solid-
state. We have not acquired these businesses simply to expand. We have set
out to capture value in specific market segments by offering total solutions.
Creating and controlling attractive, sustainable environments
In 2009 we acquired lighting controls businesses Dynalite (Australia) and
Teletrol Systems (US), allowing us to capitalize on the trend toward solid-state
lighting and the demand for greater energy efficiency. One of the primary
benefits of lighting controls is their ability to monitor and manage lighting (and
connected) resources – enabling energy savings of around 50%. At the same
time, they can enhance the ambience and comfort of an indoor or outdoor
environment.
Architectural lighting
We also acquired Italy-based Ilti Luce, one of Europe’s leading LED design
companies for architectural indoor lighting, and luminaire manufacturer
Selecon of New Zealand, which makes specialist luminaires for the
entertainment and high-performance architectural lighting market.