“Venture capitalist” was supposed to be “private equity”.
“Consumer electronics” is apparently only referring to the audiovisual (TV, speakers etc) line of Philips. That was sold to the Chinese but not private equity firm TPV Technology.
Philips Domestic Appliances which contains e.g. vacuums, blenders, and coffee machines was sold to the Chinese private equity firm Hillhouse Capital Group.
And the lightbulbs (Philips Hue etc.) were spun off into the still Dutch Signify.
Still part of Philips seem to be products in the categories:
Ah sorry, a couple errors on my part.
“Venture capitalist” was supposed to be “private equity”.
“Consumer electronics” is apparently only referring to the audiovisual (TV, speakers etc) line of Philips. That was sold to the Chinese but not private equity firm TPV Technology.
Philips Domestic Appliances which contains e.g. vacuums, blenders, and coffee machines was sold to the Chinese private equity firm Hillhouse Capital Group.
And the lightbulbs (Philips Hue etc.) were spun off into the still Dutch Signify.
Still part of Philips seem to be products in the categories:
Thanks, this is really good information.