Philips acquisition of Genlyte Group

December 17, 2007 at 3:16 am | Posted in Lighting | Leave a comment

Two months after Acuity Brand bought Mark Architecture Lighintg, Philips acquires Genlyte Group for 2.9 billion US Dollar… the world’s largest lamps and ballasts manufacturer starts getting into lighting fixtures business. What is the impact of this acquisition? especially to New York market. Will GE go after Cooper Lighting?

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