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Last updated: Wednesday, February 24, 2010
Philips strengthens sleep diagnostic portfolio through the acquisition of auto-scoring business of the Siesta Group in Austria

With increasing demand for sleep disorder tests, sleep centers, physicians and technicians need tools and services that offer improved scoring consistency and efficiency; enabling them to focus on those parts of the sleep study and other activities that require their professional expertise,“ said Don Spence, CEO of Philips Home Healthcare Solutions.

Philips expands consumer lighting portfolio with ’design luminaires’ through the acquisition of Luceplan in Italy

Luceplan’s luminaires portfolio includes table, suspension, wall and ceiling products for residential applications, which are also used in some professional applications.

Philips Agrees To Reduce Its Stake In TPV Technology To Below 3%

The sale, which is expected to have a break-even impact on our results, will provide Philips with net proceeds of approximately EUR 95 million to be recognized in the first quarter of 2010.

Philips udates markets on Consumer Lifestyle sector in meeting with financial analysts

At a meeting with investors and financial analysts today, Royal Philips Electronics (NYSE: PHG, AEX: PHI), will update the market on its Consumer Lifestyle sector.

Philips calls upon city leaders to take immediate action on climate change

With the United Nations Climate Change Conference taking place in Copenhagen – attended by national and civic leaders from all over the world - Philips believes that the opportunity exists for a robust and comprehensive follow-up agreement to the Kyoto Treaty, with existing technology solutions offering an achievable path to reducing harmful emissions.

Philips helps hospitals strike balance between innovation and value

Responding directly to customer concerns, Philips’ latest healthcare solutions address financial needs by leveraging innovation

Philips and largest Dutch healthcare insurer partner to increase patient independence at home

Royal Philips Electronics (NYSE: PHG, AEX: PHI) and Achmea Health, the largest healthcare insurer in the Netherlands, today signed a five-year agreement to cooperate in the development of innovative care solutions aimed at increasing the independence of chronic patients.

Philips introduces an intelligent sleep therapy system to treat a common sleep disorder: Obstructive Sleep Apnea

People with untreated Obstructive Sleep Apnea may be at higher risk - for serious health hazards such as weight gain, diabetes and high blood pressure

Philips announces breakthrough in fully digital light detection technology

Given the multidisciplinary nature of many of today’s products and businesses, partnerships are the only way to successfully make progress.

ARM and NXP Launch mbed To Enable Rapid Prototyping With Microcontrollers ARM and NXP Launch mbed To Enable Rapid Prototyping With Microcontrollers

ARM [(LSE: ARM); (Nasdaq: ARMH)] and NXP, the independent semiconductor company founded by Philips, today announced at Embedded Systems Conference (ESC), Boston, mbed.org and the mbed™ microcontroller rapid prototyping tools.

Philips Highlights Growth Platforms and Innovation for Consumer Health and Well-Being at IFA 2009

Philips showcases its continuing commitment to the consumer lifestyle market by presenting a new range of products in the Health and Well-being domain at this year’s IFA, taking place in Berlin from September 3 to September 9.

Philips and GlyGenix Therapeutics team up to research ultrasound-mediated gene therapy

Royal Philips Electronics (NYSE: PHG, AEX: PHI) and GlyGenix Therapeutics, Inc. (Woodbridge, Connecticut, USA) today announced a joint research agreement to explore the feasibility of using ultrasound technologies for gene therapy.

Philips to become a global leader in coffee appliances by acquiring Saeco - a leader in espresso machines

Acquisition allows Philips to expand in the high-growth, high-margin espresso machine market with a strong range of products

Philips expands emergency healthcare offering with acquisition of InnerCool Therapies; a leader in body temperature management

Royal Philips (AEX: PHI, NYSE: PHG) announced today that it has reached an agreement to acquire the assets of InnerCool Therapies Inc., a pioneer in the field of therapeutic hypothermia, which involves the management of a patient’s body temperature. InnerCool, a wholly-owned subsidiary of Cardium Therapeutics, Inc. (NYSE Amex: CXM), will be acquired in an asset purchase transaction for US $11.25 million, as well as the transfer of approximately US $1.5 million in trade payables.

Philips strengthens position in lighting controls with acquisition of US-based Teletrol Systems

Philips adds to portfolio of intelligent light and energy management solutions

Philips and Project HOPE announce collaboration to improve chronic disease management in China

Partnership will link leading Chinese hospitals with community healthcare centers in four cities, to enhance care that patients receive in their home communities

Philips Celebrates Opening Of Hermitage Amsterdam

Museum Hermitage Amsterdam is a symbol of Philips' 111-year historical affiliation with Russia

Philips CEO updates market on implementation of strategy to become the leading company in Health & Well-being

Today, Gerard Kleisterlee, President and Chief Executive Officer of Royal Philips Electronics (NYSE: PHG, AEX: PHI), will give a presentation to investors and financial analysts at the JP Morgan 7th Annual Pan European Capital Goods CEO Conference in Surrey, United Kingdom.

AIG Financial Products Corp. Completes Sale Of Commodity Index Business AIG Financial Products Corp. Completes Sale Of Commodity Index Business

AIG Financial Products Corp. (AIG-FP), an AIG company (AIG), reported today that it has completed the sale of its commodity index business to the Equities business of UBS Investment Bank, including AIG’s rights to the DJ-AIG Commodity Index.

Sony Music Entertainment Websites to Feature Audio Players and Song Lyrics Sony Music Entertainment Websites to Feature Audio Players and Song Lyrics

Sony Music Entertainment (SME) today announced a new initiative to add robust on-demand audio streaming and song lyrics features across its network of artist websites. Fans will now be able to listen to tracks from the catalog of many of their favorite artists, create multiple personalized playlists, and follow along with the words to songs.

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