Thursday, April 12, 2007

Philips to take over U.S. peripherals maker DLO

(Reuters) - DLO realized sales of approximately $100 million in 2006, mainly in the United States, and is expected to make a positive contribution to operating margins in Philips' Peripherals & Accessories business unit, Philips said.

Philips is the world's biggest lighting maker, a top three hospital equipment maker and Europe's biggest consumer electronics producer.


Read more at Reuters.com Mergers News

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