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Signify completes acquisition of Fluence

Signify has completed the acquisition of Fluence from ams OSRAM. Fluence will operate with a separate go-to-market as an integrated business unit within Signify’s agricultural lighting business in the Digital Solutions Division.

"We’re excited to welcome the Fluence team and start working together to drive horticultural lighting innovation and create value for growers around the globe," said Harsh Chitale, Division Leader Digital Solutions at Signify. "The acquisition is fully in line with Signify's strategy to expand in attractive growth segments and our commitment to improving food availability by providing growers with horticultural lighting that helps them to reduce resource consumption and increase yields."

David Cohen, CEO of Fluence, said: “We are thrilled to officially become part of the world leader in lighting. Together, our businesses will be able to deliver the world’s most advanced horticulture technology to cultivators on a global scale.” 

For more information:
Signify
Daniele Damoiseaux, Global Marcom Manager Horticulture daniela.damoiseaux@signify.com
www.philips.com/horti        

 


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