As sales of LED lighting products continue to grow by an estimated 30 percent annually, lighting manufacturers are quickly pairing up in unique licensing agreements. Over the past year, Philips, Eindhoven, Netherlands, has announced five different licensing arrangements with lighting fixture manufacturers that want to use its LED lamp technology.

Announced on Oct. 22, the most recent agreement linked Philips with Acuity Brands Inc., Atlanta, and will give Acuity access to Philips’ LED-based patent portfolio. The agreement will apply to worldwide sales of LED-based luminaires developed and marketed by all of the Acuity Brands businesses. Through the agreement, Acuity Brands will be able to incorporate Philips’ patented technologies related to the development and digital control of LED systems for general lighting, architectural and theatrical applications.

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