Philips to buy US medical imaging firm Volcano

Royal Philips NV said Wednesday it has agreed to acquire U.S. medical equipment maker Volcano Corp. for $1.2 billion (around 1 billion euros) in a deal that would beef up its presence in technology which allows doctors to ...

Philips loses $467M patent suit to US competitor

Royal Philips NV says it will book a $467 million (366 million-euro) charge in the third quarter after losing a patent lawsuit to smaller U.S. competitor Masimo Corp.

Philips sues Nintendo over Wii remote

Dutch electronics firm Royal Philips NV has filed a suit against Nintendo in a U.S. court, claiming the Japanese company infringed two of its patents in the control system of its popular "Wii" video game consoles.

Philips LED bulb with rad design set for January arrival

(Phys.org) —Netherlands-based Philips' SlimStyle LED bulbs will be arriving on January 2 at Home Depot stores, and the SlimStyle appears to be a promising newcomer in lightbulbs, with a flat design, energy-saving benefits. ...

Philips breaks off deal with Funai (Update)

Royal Philips NV said Friday it has ended a $200-million sale and licensing deal it struck this year with Japan's Funai Electric Co. and will seek damages for breach of contract.

Philips loss shrinks in Q4; sheds division (Update)

Royal Philips Electronics NV Tuesday said it will sell the entertainment division which contains many of the consumer products for which it is best known, such as audio and video equipment, to Funai Electric Co., Ltd., of ...

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