Press release: Steinigke and Philips conclude patent license agreement
Steinigke Showtechnic joins the Philips’ LED luminaires and retrofit bulbs license program. For a long time both companies have enjoyed a business relationship based on mutual trust. This fresh cooperation paves the way for an innovative future.
With this program Steinigke further expects to benefit from the Philips know-how – especially in the field of LED technology. “Through this step we can guarantee optimal advancement of our LED spots. Philips’ support is outstanding and we can access numerous LED systems and patents”, explains Matthias Schwab, the general manager. “The market will see a long-term domination of LED technology. With the support of Philips we will not only stand our ground on the market, but hopefully strengthen our position. This has been a good start”, Schwab concludes.
For more than a decade, a large part of Steinigke’s illuminants have consisted of Philips products. According to Philips, the licensing program offers access to many LED luminaire-related inventions of Philips to simplify use of LED technologies by third parties.