The Lighting division was part of the first activities of Philips, that started in 1891 with an incandescent lamp factory in Eindhoven, the Netherlands.

The company listed on Euronext Amsterdam under ticker code "LIGHT".

[5] In March 2018, Philips Lighting announced that the company would change its name to Signify, which became effective on 16 May 2018.

However, Signify continued to produce some of its lighting products under the Philips brand.

On 20 December 2021, Signify announced it has entered a final agreement with AMS Osram to acquire horticulture lighting company Fluence for $272 million, and the deal was completed in May 2022.