Philips Lighting NV engages in development, manufacturing, and application of innovative lighting products, systems and services. It operates through the following segments: BG Lamps, BG Light-Emitting Diode (LED), BG Professional, and BG Home. The BG Lamps segment comprises the Group's conventional lamps and lamp electronics businesses. The BG LED includes of the Group's LED lamps and LED electronics businesses. The BG Professional segments composed of professional luminaires, lighting systems, and services businesses. The BG Home segments comprised of consumer luminaires and home systems businesses. The company was founded by Gerard Leonard Philips and Anton Frederik Philips in 1891 and is headquartered in Eindhoven, Netherlands.