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This excerpt taken from the PHG 20-F filed Feb 23, 2009. ... positive contribution from integrated acquisitions ...
The acquisition of leading North American luminaire manufacturer Genlyte not only gives us the
leading position in the US market for professional lighting applications, but also makes us the
only player with a truly global platform for its lighting applications and solutions.
The acquisition of Respironics a leading US-based global provider of innovative respiratory and
sleep therapy solutions for hospital and home use is part of our strategy to create a global
leadership position in the fast-growing home healthcare solutions market. In December, we further
solidified this position with the acquisition of the aerosol therapy business of Medel SpA in
Italy. The hospital activities of Respironics are now part of our integrated offering of Clinical
Care Solutions, and we are well on our way with the creation of an integrated approach to sleep
care involving our Lifestyle sector.
10 Philips Annual Report 2008
Table of Contents
This excerpt taken from the PHG 6-K filed Feb 23, 2009. ... positive contribution from integrated acquisitions ...
The acquisition of leading North American luminaire manufacturer Genlyte not only gives us the
leading position in the US market for professional lighting applications, but also makes us the
only player with a truly global platform for its lighting applications and solutions.
The acquisition of Respironics a leading US-based global provider of innovative respiratory and
sleep therapy solutions for hospital and home use is part of our strategy to create a global
leadership position in the fast-growing home healthcare solutions market. In December, we further
solidified this position with the acquisition of the aerosol therapy business of Medel SpA in
Italy. The hospital activities of Respironics are now part of our integrated offering of Clinical
Care Solutions, and we are well on our way with the creation of an integrated approach to sleep
care involving our Lifestyle sector.
10 Philips Annual Report 2008
Table of Contents
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