The two companies have agreed to settle and dismiss the patent infringement lawsuit that was pending in the United States District Court for the Northern District of Ohio.
“We continue to believe having such an open and accessible license program is greatly assisting in accelerating the adoption of LED lighting technologies and products”, said Arian Duijvestijn, General Manager Lighting at Philips Intellectual Property & Standards. “And as a recognized producer of energy efficient lighting products, we are particularly excited to have TCP join the Philips licensing program.”
The license agreement with TCP follows earlier agreements between Philips and more than 325 companies including, amongst others, lighting companies such as Acuity Brands, Cooper Lighting, Trilux, Osram, Cree, Zumtobel and Paulmann. Philips’ licensing program includes many LED luminaire and bulb-related inventions of Philips.
Philips is aiming to speed up market adoption and growth of LED-based products by making available its market-leading patented LED luminaire and retrofit bulb technologies to third parties.
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