Signify

Signify

Global lighting company delivering connected illumination

Overview

Signify uses lighting as an interconnected system for homes, businesses, and cities, with products like Hue, WiZ, professional fixtures, and horticultural lighting. Its systems run on IoT-enabled devices and software that control, monitor, and automate lighting via apps, hubs, and building-management integrations. The company distinguishes itself through a long history, a large consumer and professional ecosystem, and a broad product range from street lighting to indoor and agricultural lighting, plus growth through strategic acquisitions. Its goal is to unlock the potential of light to improve everyday life and support sustainability at scale.

About Signify

Simplify's Rating
Why Signify is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Hardware

Industrial & Manufacturing

Energy

Consumer Goods

Company Size

10,001+

Company Stage

IPO

Headquarters

Eindhoven, Netherlands

Founded

2016

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Simplify's Take

What believers are saying

  • Multi-protocol Hue devices reduce smart-home friction and protect premium pricing.
  • Software update later this year can extend installed-base value.
  • €5.8 billion 2025 sales and 70-country reach support global rollouts.

What critics are saying

  • Matter and Thread interoperability failures can damage Hue credibility quickly.
  • Delays in the promised software update cede ground to ecosystem-native rivals.
  • Dependence on Philips branding exposes Signify to licensing and trust disruptions.

What makes Signify unique

  • World leader in lighting for professionals, consumers, and IoT.
  • Rebranded from Philips Lighting in 2018, retaining Philips product equity.
  • Philips Hue now adds concurrent Matter and Zigbee support.

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Funding

Total Funding

$564M

Above

Industry Average

Funded Over

1 Rounds

IPO funding comparison data is currently unavailable. We're working to provide this information soon!
IPO Funding Comparison
Coming Soon

Benefits

Professional Development Budget

Employee Discounts

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

3%

2 year growth

3%
Yahoo Finance
Mar 2nd, 2026
Signify repurchases 127K shares for $2.8M in share buyback programme

Signify, the world leader in lighting, repurchased 126,776 shares between 23 and 27 February 2026 at an average price of €20.11 per share, totalling €2.5 million. The buyback forms part of a programme announced on 13 February 2026. The company will use the shares to cover obligations from its long-term incentive performance share plan and other employee share schemes. To date, Signify has repurchased 266,276 shares under this programme for a total consideration of €5.3 million. Signify, listed on Euronext as LIGHT, reported sales of €5.8 billion in 2025 and employs approximately 27,000 people across over 70 markets.

Global Sports Innovation Center (GSIC)
Nov 22nd, 2024
GSIC powered by Microsoft Partners with Signify to Drive Innovation in Sports Lighting Technology

The partnership will leverage the strengths of both GSIC and Signify to explore new possibilities and develop innovative solutions that can enhance the sports experience.

General
Sep 28th, 2024
Signify Onboards the Cricket Legend Rahul Dravid as their Brand Ambassador, a Partnership Steeped in Legacy and Innovation

Taking a step ahead, we are thrilled to have Rahul Dravid join the Signify family as the face of our brand.

Eindhoven News
Aug 7th, 2024
Signify teams up with Mercedes Formula 1

Eindhoven-based lighting company Signify will be working with the Mercedes Formula 1 team until the end of 2026.

Canadian Association of Women in Construction
Jul 19th, 2024
Jody Sikham appointed marketing communications leader for Genlyte Solutions

July 19, 2024 - Jody Sikham has been appointed marketing communications leader for Genlyte Solutions (a Signify business) for Canada and the United States.

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