Philips announced on Jan. 28 that it has begun to “disentangle” its domestic appliances segment from the rest of the company in hopes of selling off the segment to focus solely on health-related ...

Philips is cementing its commitment to becoming a healthcare technology provider, with plans to split off or sell its consumer appliances division—which covers home and kitchen hardware from electric ...

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG; AEX: PHIA), a global leader in health technology, today announced that it has completed the sale of the Domestic Appliances business to Hillhouse ...

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG; AEX: PHIA), a global leader in health technology, today announced that it has signed an agreement to sell its Domestic Appliances business, a ...

Dutch electronics company Philips is one of the best known, and oldest, electronics companies in the world (the company was founded all the way back in 1891!) but it’s now about to make a major change ...

AMSTERDAM (Reuters) - Philips will complete its transformation to a health technology business with the sale of its domestic appliances division, which no longer fits with the company's range of ...

AMSTERDAM--(BUSINESS WIRE)--Today, Philips Domestic Appliances has announced the change of its company name to Versuni. The new name is the next step after the Domestic Appliances business became ...

South Korean tech giants, Samsung and LG are possible candidates that could acquire Royal Philips‘ domestic appliance unit. This might have either of the two companies soon offering small home ...

STAMFORD, Conn.--(BUSINESS WIRE)--Philips Domestic Appliances, a global leader and innovator in kitchen, coffee, and home care appliances, announced today a partnership with celebrity chef, and mom of ...

Philips announced on Jan. 28 that it has begun to "disentangle" its domestic appliances segment from the rest of the company in hopes of selling off the segment to focus solely on health-related ...