When did Philips lighting becomes Signify?

Philips lighting officially changed its name to Signify on May 16, 2018. This rebranding decision was made as part of Philips' strategic transformation towards becoming a focused healthcare technology company. By renaming the lighting division to Signify, Philips aimed to create a separate identity for the lighting business, which was expected to accelerate innovation and drive future growth.

The process of renaming the company began in 2017, when Philips announced its intentions to move away from the lighting industry and focus more on healthcare technology and consumer lifestyle. After conducting a thorough review and consultation with stakeholders, it was decided that rebranding the lighting division was the best course of action to ensure the business's long-term success.

The name Signify was chosen to reflect the company's commitment to providing innovative lighting solutions that go beyond just illumination. It symbolizes the company's belief in the power of light to positively impact people's lives and create a sustainable future. The new name also embodies the company's vision of enabling connected lighting systems that can enhance the way people live and work.

The rebranding to Signify has had a significant impact on the company's business and branding strategies. It has allowed the lighting division to establish its own unique identity and focus on developing cutting-edge products and solutions for the market. The change has also enabled Signify to streamline its operations and improve its agility in responding to changing market needs.

Overall, the transformation from Philips lighting to Signify represents a strategic shift towards a more focused and agile organization. The new name reflects the company's commitment to innovation and sustainability while setting the stage for future growth and success in the rapidly evolving lighting industry. As Signify continues to innovate and deliver groundbreaking lighting solutions, it is poised to remain at the forefront of the industry for years to come.

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