Business | Company News | Investment | Acquisition | Oct 16, 2019

Signify to Acquire Cooper Lighting Solutions to Strengthen Position in North America

Signify to Acquire Cooper Lighting Solutions to Strengthen Position in North America Signify, the world leader in lighting, today announced that it has entered into a definitive agreement with Eaton to acquire Cooper Lighting Solutions for USD 1.4 billion (approx. EUR 1,270 million) in cash. Closing is subject to regulatory approvals and other customary conditions and is expected to take place in the first quarter of 2020. Read more »

Business | Company News | Investment | Smart Lighting & IoT | Aug 23, 2019

Ensto Acquires new Business from Mount Kelvin – Ensto Workspaces Revolutionizes Employee Experience

Ensto Acquires new Business from Mount Kelvin – Ensto Workspaces Revolutionizes Employee Experience Ensto has acquired Workspaces business from Mount Kelvin. Ensto Workspaces is a smart lighting control solution that improves employee experience by making light personalized. Ensto has acquired Workspaces business from control system supplier Mount Kelvin, while also investing in Mount Kelvin. Ensto continues to develop the innovative lighting control solution now called Ensto Workspaces. Read more »

Business News | Company News | MOSO | Aug 13, 2019

The Head of the Seven Wonders - Beijing Daxing International

The Head of the Seven Wonders - Beijing Daxing International Airport is completed, which use of MOSO LUP series LED Drivers. According to the 2016 “Guardian” selected the Seven Wonders of the New World, China has taken two seats. One is the Zhuhai-Hong Kong-Macau Bridge, and the other is the top-ranked Beijing Daxing International Airport! Read more »

Business News | News-Spot | Siteco | Jun 26, 2019

Osram Sells the SITECO Luminaires Business to Stern Stewart Capital

Osram Sells the SITECO Luminaires Business to Stern Stewart Capital Osram has found a new owner for the Siteco luminaires business in Stern Stewart Capital. Stern Stewart Capital intends to continue the current transformation approach. Separation from Osram gives Siteco entrepreneurial freedom. The cost situation is also improved with the elimination of previous Group structures. With the sale of the luminaires business, Osram is continuing its transformation to a high-tech company. Read more »

Business | Company News | Zumtobel | Jun 13, 2019

Zumtobel Group Opens New Software Competence Centre for Lighting Technologies in Portugal

Zumtobel Group Opens New Software Competence Centre for Lighting Technologies in Portugal The international lighting company Zumtobel Group officially opened its new group-wide software competence centre for lighting technologies in Porto, Portugal. Tridonic, the lighting technology company of the Zumtobel Group, operates the new software competence centre. Read more »

Business | Company News | Divestment | Mar 21, 2019

Another LED Manufacturer Drops Its Lighting Unit: Cree to Sell Lighting Business to Ideal Industries

Another LED Manufacturer Drops Its Lighting Unit: Cree to Sell Lighting Business to Ideal Industries Cree, Inc. announces the execution of a definitive agreement to sell its Lighting Products business unit ("Cree Lighting"), which includes the LED lighting fixtures, lamps and corporate lighting solutions business for commercial, industrial and consumer applications, to IDEAL INDUSTRIES, INC. for approximately $310 million before tax impacts, including up-front and contingent consideration and the assumption of certain liabilities. Cree expects to receive an initial cash payment of $225 million, subject to purchase price adjustments, and has the potential to receive a targeted earn-out payment of approximately $85 million based on an adjusted EBITDA metric for Cree Lighting over a 12-month period beginning two years after the transaction closes. Read more »

Business | Company News | Partnerships | Bluetooth | Mar 14, 2019

Silvair Partners with LA Lighting as Bluetooth Mesh Ecosystem Continues to Grow

Silvair Partners with LA Lighting as Bluetooth Mesh Ecosystem Continues to Grow Silvair, a pioneer in mesh lighting networks and a leading provider of qualified Bluetooth mesh solutions for lighting control, announces a partnership with LA Lighting, a leading American manufacturer of quality lighting products. Read more »

Business | Company News | Acquisition | Mar 13, 2019

Delta Acquires Lighting Solution Brand Amerlux To Enhance its IoT-based Green Solutions for Smart Buildings and Cities

Delta Acquires Lighting Solution Brand Amerlux To Enhance its IoT-based Green Solutions for Smart Buildings and Cities Delta Electronics, Inc. (hereinafter referred to as "Delta"), a global provider of power and thermal management solutions, and Amerlux, LLC (hereinafter referred to as "Amerlux"), a U.S.-based LED architectural lighting solutions company, today announced the signing of a definitive agreement pursuant to which Delta Electronics (Netherlands) B.V., a wholly-owned subsidiary of Delta, will acquire 100% of Amerlux's interests for USD 90,000,000 (approx. NTD 2,769,300). The transaction is expected to close during the second quarter of 2019. The aforementioned agreement includes an earn-out mechanism in which Delta will pay an additional pre-established amount for the transaction should Amerlux's 2019 EBITDA(1) and revenue reach a predetermined target. Read more »

Business | Company News | Partnerships | LiFi | Feb 21, 2019

Zumtobel Teams Up with pureLiFi To Step Into the Wireless Enterprise Network Market

Zumtobel Teams Up with pureLiFi To Step Into the Wireless Enterprise Network Market Zumtobel, one of the European market leaders for professional lighting and associated services, is striving for the use of their innovative LED solutions to empower the latest in wireless technologies called LiFi. The newest trial, conducted in partnership with pureLiFi, uses LED lights to send large amounts of data while appearing as normal LED light to the human eye. The LiFi trial reflects a series of moves by Zumtobel to evolve lighting beyond its core function of pure illumination and solve challenges for high-speed secure wireless connectivity. Read more »

Business | Company News | Bilton | News-Spot | Feb 19, 2019

Patrick Mueller is Leaving Bilton

Patrick Mueller is Leaving Bilton Patrick Mueller, founder of the light specialist, Bilton, will be working at the company until the end of March, at which time he will hand over his duties to his successor. He will remain loyal to the company by being available as an external consultant. Read more »

Business | Company News | Branding | Partnerships | Human Centric Lighting | Feb 07, 2019

Lighting Science Spins off Biological Lighting Business Into Healthe Inc.

Lighting Science Spins off Biological Lighting Business Into Healthe Inc. Lighting Science Group announces the launch of Healthe Inc. whose mission is to create environments where light is an active component of one's health. Healthe is carrying forward the Lighting Science legacy, utilizing its core technology and intellectual property to create circadian solutions that support the health, well-being and performance of people through their built environments. The company is launching an extensive line of new commercial products as well as incorporating the consumer products that made Lighting Science the leading circadian lighting company of the past decade. Read more »

Business | Company News | Job Opportunity | Jan 25, 2019

Job Opportunity: DiiA General Manager

Job Opportunity: DiiA General Manager DiiA, the global industry alliance for DALI lighting control, is looking for a new General Manager. Read more »

Business | Company News | Financial | Acquisition | CoB LEDs | Jan 23, 2019

Lumitech Takes Over CoB Division for Special Applications from Tridonic Jennersdorf

Lumitech Takes Over CoB Division for Special Applications from Tridonic Jennersdorf Lumitech will acquire the COB (chip-on-board) divison except for general lighting applications from Tridonic Jennersdorf. The purchase enables the continuation of this business unit including development and production in the Technology Center Jennersdorf. Read more »

Business | Company News | Partnerships | microLEDs | GaN-on-Si | Nov 19, 2018

EV Group Partners with Plessey To Drive GaN-on-Silicon Monolithic microLED Technology

EV Group Partners with Plessey To Drive GaN-on-Silicon Monolithic microLED Technology Plessey, a leading developer of award-winning optoelectronic technology solutions, announces a collaboration with EV Group (EVG), a leading supplier of wafer bonding and lithography equipment for the MEMS, nanotechnology and semiconductor markets, to bring high-performance GaN-on-Silicon (GaN-on-Si) monolithic microLED technology to the mass market. microLEDs are the key optical technology for next-generation AR applications. Read more »

Company News | Business | Financial | Nov 14, 2018

Osram Sharpens Focus on Digital Future

Osram Sharpens Focus on Digital Future Comparable revenue increased almost 2% to €4.1 billion in fiscal year 2018. Despite economic challenges and a difficult market environment, Osram held its ground in fiscal 2018 and increased its revenue slightly on a comparable basis. Read more »

FEATURED

Multisystem – Same Core, Multiple Shapes and Functionalities for Track Lighting

Multisystem – Same Core, Multiple Shapes and Functionalities for Track Lighting A.A.G. Stucchi low voltage system for track lighting is developed to satisfy all technical and design needs. The all system is based on a "smart core" that provides easy and magnetic installation of the lighting fixtures, and integrated databus for light control, thus being technically at the ... Read more »

EDITORIAL

Yole Releases Report on MicroLEDs: Satus and Reality Check

Yole Releases Report on MicroLEDs: Satus and Reality Check MicroLEDs are drawing an increasing amount of attention. Startups have raised more than US$800 million to date, including at least US$100 million in 2019. It is estimated Apple has spent in the range of US$1.5 to US$2 billions on the technology over the last five years. Panel makers such as Samsung ... Read more »

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