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Lumileds Lighting was formed in November 1999 as a joint venture between Philips Lighting and Agilent Technologies. It develops and markets LEDs. Upon Philips' acquisition, Lumileds has become a business unit within Philips Lighting and is known as Philips Lumileds Lighting Company.
Recently, we received the notice from Philips and Lumileds notices that Philips Lumileds Lighting Company has been spilted into individual company. Lumileds will be doing the same LED Chips with the brand of Lumileds
Source: Philips Lumileds Lighting