Philips Partners With Silicon Valley Accelerator on Smart Lighting

Philips said it teamed with the Silicon Valley Plug and Play Tech Center to mentor and partner with IoT innovators. The Plug and Play Tech Center introduces start-ups to corporations and investors to accelerate commercial development of products. The center will work with Philips to filter “hundreds of IoT-orientated start-ups” that match the company’s technology needs in sensor data, analytics and connected lighting for buildings and smart cities. The ability to connect LED lighting to IP networks, sensors and software control systems is “transforming the lighting industry,” Philips said in a Thursday news release.