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    LIGHT   NL0011821392

SIGNIFY N.V.

(LIGHT)
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Feel the music: Philips Hue + Spotify integration

09/01/2021 | 06:32pm EDT
  • The first-ever deep integration of lighting and music provides Philips Hue users with an immersive experience like no other
  • New algorithm creates a more advanced light script for each song, where the lights match not only the beat of the music, but also its mood, genre, tempo and more
  • The new feature will start rolling out among Philips Hue App 4 users from September 1, 2021, onwards

Eindhoven, the Netherlands - Signify (Euronext: LIGHT), the world leader in lighting, announces that Philips Hue has created the first deep integration of lighting and music, providing consumers around the globe with an immersive light and music experience like no other. Thanks to Philips Hue + Spotify, the Philips Hue system is enriched with a new algorithm that analyzes the metadata of each song in real time to make the lights flash, dim, brighten, and color change right along with the beat, mood, genre and tempo of any music on Spotify.

Advanced light scripts for every song

Philips Hue and Spotify have teamed up to go far beyond what other integrations can do and enabled the experience through the Philips Hue app itself. With Philips Hue + Spotify, the Hue app analyzes the metadata for each Spotify song in real time, resulting in a light script that on top of incorporating the beat of the song, now also reflects its mood, genre, tempo, segments, loudness, pitch and more.

Whether you're relaxing on the couch for a cozy night in, having friends over for a get-together, or doing your chores along to a custom playlist, you'll experience music like never before.

Thanks to the new Sync tab in the Philips Hue app, the experience can even be easily personalized. Users can start and stop sync, change the brightness and intensity of the lights, or choose a palette to change the colors of the lights.

Disclaimer

Signify NV published this content on 01 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 September 2021 22:31:02 UTC.


© Publicnow 2021
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Sales 2021 6 844 M 7 969 M 7 969 M
Net income 2021 366 M 426 M 426 M
Net Debt 2021 1 085 M 1 264 M 1 264 M
P/E ratio 2021 15,0x
Yield 2021 3,41%
Capitalization 5 436 M 6 324 M 6 330 M
EV / Sales 2021 0,95x
EV / Sales 2022 0,87x
Nbr of Employees 39 143
Free-Float 92,8%
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Technical analysis trends SIGNIFY N.V.
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Mean consensus OUTPERFORM
Number of Analysts 12
Last Close Price 43,55 €
Average target price 54,25 €
Spread / Average Target 24,6%
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Managers and Directors
Éric Rondolat Chief Executive Officer
Engelen Van Chief Financial Officer
Arthur P. M. van der Poel Chairman-Supervisory Board
Tony Thomas Chief Digital & Information Officer
Rita S. Lane Member-Supervisory Board
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