Business & Event News

Google | Raxium | Acquisition | Business | Apr 01, 2022
Google Acquires MicroLED Startup Raxium
Google Acquires MicroLED Startup Raxium Google LLC has big ambitions in the augmented reality business, if reports that it has just paid $1 billion to acquire a startup called Raxium are to be believed. The Information, which broke the story, said Google’s acquisition of Raxium is a sign that it’s seriously focused on building the components required to make AR devices a reality. Read more »
ams OSRAM | AMLS | Business | Mar 29, 2022
ams OSRAM Signs Agreement to Sell AMLS – The Dedicated Lighting Systems Unit
ams OSRAM Signs Agreement to Sell AMLS – The Dedicated Lighting Systems Unit ams OSRAM announced the agreement to sell the independent and dedicated AMLS (Automotive Lighting Systems GmbH) business to Plastic Omnium (Euronext: POM) for a purchase price of EUR 65 million. The transaction represents a further step in the implementation of ams OSRAM’s previously communicated strategy to focus on dedicated strategic core technology and divesting businesses that are not seen as core to the corporate strategy. ams OSRAM will continue to be a key supplier of automotive LED and optical components to Plastic Omnium. This transaction does not include other ams OSRAM technologies and products for automotive OEM and the automotive aftermarket. Read more »
Signify | Pierlite | Acquisition | Business | Mar 01, 2022
Signify to Acquire Pierlite to Strengthen Position in Australian and New Zealand Lighting Markets
Signify to Acquire Pierlite to Strengthen Position in Australian and New Zealand Lighting Markets Signify today announced that it has entered into a definitive agreement with Australian based Gerard Lighting Group to acquire their Pierlite business. The acquisition is in line with our strategy to expand within highly attractive market segments and will bring together the strong R&D and innovation capabilities of a global leader with the significant expertise and network of a local brand. Read more »
Business | Aixtron | HC Semitek | Micro-LEDs | Displays | Mar 01, 2022
HC Semitek Cooperates with AIXTRON on Micro LED Display Technology
HC Semitek Cooperates with AIXTRON on Micro LED Display Technology Micro LED technology is on the verge of revolutionizing the display industry. The market demand for self-emissive Micro LEDs in the primary colors (RGB: red, green and blue) begins to rise strongly. HC Semitek, a leading enterprise of the semiconductor technology, will use AIXTRONs Planetary Systems to meet the emerging market demand for Micro LED displays. Read more »
Lumitronix | Gaggione | Partnerships | Business | Optics | Feb 22, 2022
Lumitronix Becomes Official Distributor of Optics Manufacturer Gaggione
Lumitronix Becomes Official Distributor of Optics Manufacturer Gaggione The Swabian LED company Lumitronix and the French optics manufacturer Gaggione have agreed on a joint path. The optics company, which was founded back in 1948 with headquarters in Montréal-la-Cluse, has selected LED specialist Lumitronix from Hechingen to distribute its high-quality optical solutions for LEDs and other lighting applications. The official distribution by Lumitronix covers Europe, with a focus on the DACH region. Read more »
ams OSRAM | Business | Feb 14, 2022
ams OSRAM Delivers Healthy Full Year
ams OSRAM Delivers Healthy Full Year ams OSRAM (SIX: AMS), a global leader in optical solutions, reports full year and fourth quarter 2021 group financial results. “Our business delivered healthy full year results and a very solid performance in the fourth quarter with adjusted profitability for the quarter at the midpoint of our guidance range. We are pleased to report a positive first fiscal year as a combined company with revenues of USD 5,780 million / EUR 5,038 million driven by a strong performance of our automotive business and despite negative effects in our consumer business, as previously stated. In the ending quarter, our automotive business performed well against the backdrop of ongoing supply chain imbalances and OEM production reductions while our consumer, industrial and medical businesses contributed attractively in line with expectations”, commented Alexander Everke, CEO of ams OSRAM. Read more »
DALI Alliance | Awards | Events | Feb 02, 2022
DALI Lighting Awards 2021 Winners Revealed
DALI Lighting Awards 2021 Winners Revealed The DALI Alliance (DiiA), the global industry organization for DALI lighting control, has revealed the winners of its prestigious DALI Lighting Awards 2021. Recognizing the best use of DALI lighting control applications and solutions across the world, the standard of entries within each of the eight categories was exceptionally high. However, the international judging panel of lighting designers, lighting magazine editors, and representatives from global lighting organizations, eventually came to their decisions. Read more »
Signify | Siklu | Wireless | Business | Jan 31, 2022
Siklu and Signify Announce Agreement to Integrate Gigabit-Speed Wireless Connectivity into Lighting Infrastructure
Siklu and Signify Announce Agreement to Integrate Gigabit-Speed Wireless Connectivity into Lighting Infrastructure Siklu, a global leader in millimeter wave (mmWave) solutions for Digital City, Gigabit Wireless Access (GWA), and Mobile x-Haul, and Signify, the world leader in lighting, announced a strategic partnership agreement to add Siklu's MultiHaul™ TG multi-gigabit wireless connectivity technology to Signify's BrightSites portfolio. This combination will result in an addition to the BrightSites portfolio, which will be known as Broadband luminaires. Read more »
Business | Jan 03, 2022
LpS Digital Award 2021 Winners Announced
LpS Digital Award 2021 Winners Announced In December, the LpS Digital 2021 Award winners were announced and honored during the annual live-stream event on December 2nd. The four areas recognized were: Best Lectures, Sustainability, Scientific Study and Best Products. The most outstanding contributions and solutions from the past year were honored. Read more »
Business | LEDucation | Event News | Jan 03, 2022
LEDucation 2022 Announces Lineup of Speakers
LEDucation 2022 Announces Lineup of Speakers The 2022 LEDucation Trade Show & Conference, at the New York Hilton Midtown in New York City, will host a lively exchange of knowledge, inspiration, and aspiration. Presentations by eminent technical experts and thought leaders in the lighting industry will engage the LEDucation audience of lighting designers, architects, and lighting specifiers at all levels. The educational program begins with virtual sessions on Monday, March 14, 2022, followed by the in-person Trade Show and Conference on Tuesday and Wednesday March 15–16. LEDucation 2022 will celebrate the lighting industry with an expanded trade show floor and fresh opportunities to connect with colleagues and expand networks. Read more »
Business | LightingEurope | Stoane Lighting | Jan 03, 2022
Stoane Lighting joins LightingEurope
Stoane Lighting joins LightingEurope Stoane Lighting, an employee-owned specialist manufacturer of architectural lighting equipment, joins LightingEurope, the trade association representing Europe’s lighting industry. Stoane Lighting design, manufacture and assemble all their products in the UK. Products are built to last, to be maintained and even to be upgraded if and when advances allow. Stoane Lighting carefully considers each product's impact on the environment and design each to be easily disassembled, upgraded, and eventually recycled. Read more »
Business | Signify | Fluence | ams OSRAM | Acquisition | Dec 22, 2021
Signify to Acquire Fluence to Strengthen Agriculture Lighting Growth Platform
Signify to Acquire Fluence to Strengthen Agriculture Lighting Growth Platform Signify announced that it has entered into a definitive agreement with ams OSRAM (SIX: AMS) to acquire Austin, Texasbased Fluence for USD 272 million (EUR 242 million) on a cash and debt-free basis. This acquisition will strengthen our global Agriculture lighting growth platform and extend our position in the attractive North American horticultural lighting market. Read more »
Events | QEPrize | 2021 | Dec 20, 2021
LED Lighting Development Wins 2021 Queen Elizabeth Prize for Engineering (QEPrize)
LED Lighting Development Wins 2021 Queen Elizabeth Prize for Engineering (QEPrize) The 2021 QEPrize is awarded for the creation and development of LED lighting, which forms the basis of all solid state lighting technology. Isamu Akasaki, Shuji Nakamura, Nick Holonyak Jr, M. George Craford and Russell Dupuis are recognised not only for the global impact of LED and solid state lighting but also for the tremendous contribution the technology has made, and will continue to make, to reducing energy consumption and addressing climate change. Read more »
Schneider Electric | GreeNext | Business | Dec 15, 2021
GREENext Provides Sustainable and Resilient Energy-as-a-Service
GREENext Provides Sustainable and Resilient Energy-as-a-Service Schneider Electric recognized as the World’s most sustainable corporation in 2021 by Corporate Knights, and Temasek announced the launch of GREENext, a joint venture that will provide sustainable and resilient energy solutions to commercial and industrial customers through solar and battery hybrid microgrid technology. Read more »
Automotive | Faraday Future | Business | Dec 07, 2021
Faraday Future Announces HSL as Exterior Lighting Supplier
Faraday Future Announces HSL as Exterior Lighting Supplier Faraday Future Intelligent Electric Inc., a California-based global shared intelligent electric mobility ecosystem company, today announced HSL as the lead exterior lighting supplier for its flagship, ultimate intelligent techluxury FF 91 EV. Read more »
Business | SchahlLED | LED Technics | Acquisition | Nov 24, 2021
SchahlLED Lighting Acquires LED Technics Germany
SchahlLED Lighting Acquires LED Technics Germany SchahlLED Lighting GmbH acquires LED Technics Germany GmbH (LTG). SchahlLED is a leading provider of intelligent digital lighting solutions for industry and logistics based in Unterschleißheim. LED Technics Germany manufactures highly efficient, user-friendly LED lighting for medium-sized businesses. The LTG brand will continue to exist alongside SchahlLED, optimally augmenting SchahlLED’s product portfolio. Going forward, customers will have access to controlled and uncontrolled solutions from both brands, and can choose to optimize LTG Systems with SchahlLED controlling solutions. Read more »
GLA | Guidelines | Business | Emerging Economies | Oct 27, 2021
Global Lighting Association Releases Regulatory Guidelines for an Effective Transition to Energy Efficient Lighting in Emerging Economies
Global Lighting Association Releases Regulatory Guidelines for an Effective Transition to Energy Efficient Lighting in Emerging Economies The Global Lighting Association (GLA) has published a document containing a recommended set of regulatory guidelines for general service and linear LED lamps. Based on international standards, the guidelines are intended for use by regulatory authorities in developing and emerging economies considering national legislation and associated regulations to accelerate the transition to energy efficient lighting. Read more »
Luminii | Acquisition | Precision Lighting | Remote Controlled Lighting | Business | Oct 22, 2021
Luminii Acquires Precision Lighting and Remote Controlled Lighting
Luminii Acquires Precision Lighting and Remote Controlled Lighting Precision Lighting and Remote Controlled Lighting, two British lighting manufacturers, are pleased to announce that Luminii, a Chicago-based manufacturer of industry leading specification-grade architectural LED lighting systems, has acquired the companies. Read more »
Digital Lumens | Acquisition | Business | Oct 12, 2021
Skyview Capital Acquires Digital Lumens and Encelium Lighting Solutions Business
Skyview Capital Acquires Digital Lumens and Encelium Lighting Solutions Business Skyview Capital, a global private investment firm, announced that it has acquired the Digital Lumens and Encelium businesses from Osram Licht AG. Terms were not disclosed. Digital Lumens and Encelium’s advanced Lighting Controls solutions provide leading-edge software and hardware to improve and automate the lighting of commercial and industrial facilities. Skyview Capital has formalized the new company, Digital Lumens, Inc., and will invest in this entity to accelerate the growth, innovation, adoption, and support of these solutions. Read more »
Acquisition | Business | Sep 03, 2021
EGLO Took Over the Majority of Bartenbach
EGLO Took Over the Majority of Bartenbach On August 24, 2021 the company EGLO acquired the majority of the Bartenbach Holding. EGLO is a family owned business with more than 50 years of history and is credited as being the largest residential lighting supplier in Europe. Read more »
Acquisition | wtec | Trilux | Business | Jul 21, 2021
TRILUX is Investing 25.1% in the IT Expert wtec
TRILUX is Investing 25.1% in the IT Expert wtec Future-proof properties have a powerful building management system that brings together, monitors and controls all trades. In order to simplify the integration of lighting into the hardware and software infrastructure of digitalised buildings, TRILUX is investing in the IT expert wtec. The company specialises in building automation and IT infrastructure. One innovative solution in the portfolio is smartengine technology, with which the complete lighting network can be implemented via the data cabling and seamlessly integrated into the building management system. This makes complex building infrastructures obsolete and lays the foundation for individual Human Centric Smart Lighting that combines maximum efficiency with user orientation. Read more »
Business | LightingEurope | Renovation Call | Jul 15, 2021
Renovate Lighting for More Energy Savings
Renovate Lighting for More Energy Savings LightingEurope welcomes the publication of the EU ‘Fit for 55’ package today, which transforms the EU’s ambition to deliver 36-39% of energy efficiency savings for final and primary energy consumption by 2030 into binding legislation. Read more »
Business | Signify | Telensa | Jul 07, 2021
Signify Expands Offering for Smart Cities by Acquiring Telensa
Signify Expands Offering for Smart Cities by Acquiring Telensa Signify (Euronext: LIGHT), the world leader in lighting, announces today that it acquired Telensa Holdings Ltd, a UK-based expert in wireless monitoring and control systems for smart cities. With Telensa, Signify adds a narrow-band and TALQ-compliant solution to its feature-rich, open and secured systems. This will enable Signify to service a broader group of customers, by making smart city infrastructure affordable to cities utilizing the unlicensed radio space. Telensa will continue to sell its systems under its own brand name. Read more »
Business | LightingEurope | Jun 23, 2021
LightingEurope Advocates for All Building Renovations to Include an Upgrade of Lighting Installations
LightingEurope Advocates for All Building Renovations to Include an Upgrade of Lighting Installations With its Renovation Wave Initiative (RWI), the European Union (EU) intends to at least double the rate of building renovations in Europe over the next 10 years. In doing so, the European Commission hopes to reignite Europe’s economy for a post-pandemic world and ensure that the EU meets its Green Deal climate objectives of reducing net greenhouse gas emissions by at least 55 % by 2030 and becoming climate neutral by 2050. Read more »
AcuityBrands | Acquisition | Osram | Business | Jun 09, 2021
Acuity Brands Acquires the ams OSRAM Digital Systems Business in North America
Acuity Brands Acquires the ams OSRAM Digital Systems Business in North America Acuity Brands, Inc. (NYSE: AYI) (“Acuity”) a leading industrial technology company announced it has signed a definitive agreement to purchase ams OSRAM’s North American Digital Systems (DS) business. Acuity’s ownership of ams OSRAM’s North American DS business will bring a strategic fit and perspective to customers and associates, and a growth strategy for the business. Acuity expects the transaction to close during the summer of 2021. Read more »
L-Prize | DOE | Business | Jun 01, 2021
DOE Announces New L-Prize for Next Generation LED Lighting
DOE Announces New L-Prize for Next Generation LED Lighting The Lighting Prize (L-Prize) is designed to advance the U.S. clean energy economy for next-generation LED lighting, encouraging innovators and researchers to engage in advanced lighting system development that leads to transformative designs, products, and impact. The L-Prize will reward innovations that move rapidly to improve lighting performance, resulting in energy, carbon, and cost savings for American businesses and consumers. Read more »
page_peel