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From Dying Philips Department to Multi-Million Machine: ‘You Put 1 Euro in and 5 Comes Out’

Summary by tubantia.nl
Under Philips, it was a dying club where millions more flew out than came in. But that financial burden has been sold. Former top executives at Philips and NXP see a golden future for Xiver: a potential gem on the High Tech Campus that is set to grow into a company with hundreds of millions in revenue. "The customers pay the bills here."
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Under Philips, it was a dying club where millions more flew out than came in. But that financial burden has been sold. Former top executives at Philips and NXP see a golden future for Xiver: a potential gem on the High Tech Campus that is set to grow into a company with hundreds of millions in revenue. "The customers pay the bills here."

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tubantia.nl broke the news on Saturday, June 6, 2026.
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