Yesterday, the Dutch philips electronics announced that the company has the takeover and the lighting equipment manufacturers Genlyte reached an agreement, philips electronics will be $2.7 billion acquisition of the latter. If the takeover goes well, philips will become the biggest lighting company in North America.
Philips is the world's first big lighting equipment manufacturers, the third largest medical equipment manufacturers and Europe's largest consumer electronics manufacturers. Since last year, philips launched a series of make the industry capital stripping operation shock, business transformation.
