| Koninklijke Philips Electronics N.V. (Royal Philips Electronics) is the parent company of the Philips Group (Philips). Philips' activities in the field of health and well-being are organized on a sector basis, which includes Healthcare, Consumer Lifestyle and Lighting. The Group Management & Services sector provides the operating sectors with support through shared service centers. As of December 31, 2010 Philips had 118 production sites in 27 countries, sales and service outlets in approximately 100 countries. In September 2010, it acquired Wheb Sistemas, a Brazil-based supplier of medical information systems. In November 2010, TPV Technology Ltd. acquired Philips TV China, the color television sales and distribution business of the Company. In December 2010, the Company sold certain interest in Assembleon to H2 Equity Partners. In January 2011, it bought Optimum Lighting. In June 2011, it acquired AllParts Medical. |
