Business News Archive

News-Spot | Business News | Aug 21, 2014
Infineon Technologies AG to Acquire International Rectifier Corporation
Infineon Technologies AG and International Rectifier Corporation today announced that they have signed a definitive agreement under which Infineon will acquire International Rectifier for US-Dollar 40 per share in an all-cash transaction valued at approximately US-Dollar 3 billion. The acquisition combines two semiconductor companies with leadership positions in power management technology. By the integration of International Rectifier, Infineon complements its offerings and will be able to provide customers with an even broader range of innovative products and services. Infineon will also benefit significantly from greater economies of scale as well as a larger regional footprint. Read more »
News-Spot | Business News | Jul 30, 2014
cintelliq Finds that OLED Lighting Continues to Gather Momentum
cintelliq Finds that OLED Lighting Continues to Gather Momentum cintelliq limited is pleased to announce the release of their latest market report “OLED Lighting: Products, prices, capacity costs and forecasts 2014 - 2023”. According to cintelliq OLED lighting is expected to become a strong competitor to LED lighting by 2016 one year earlier than previously thought. OLED lighting may have had a gentle start but it is now firmly gaining market traction as an increasing number of OLED panels and luminaires reach the market – with the efficacy and lifetimes of current OLED panels at a performance level to last more than ten years under normal operating conditions they are rapidly becoming an alternative to LED lighting. Read more »
News-Spot | Business News | Jul 29, 2014
Latest, 38% More Efficient Version of XLamp XM-L2 EasyWhite LED Now Available from MSC
Latest, 38% More Efficient Version of XLamp XM-L2 EasyWhite LED Now Available from MSC MSC Technologies, a business group of Avnet Electronics Marketing EMEA, a business region of Avnet Inc., presents the new XLamp® XM-L2 EasyWhite® LED from Cree. It delivers more than 1,100 lumens of color-consistent light from a 5 mm x 5 mm package and enabling a 38 percent gain in light output and efficacy as a drop-in upgrade to the first-generation XM-L EasyWhite LED. Built on Cree’s EasyWhite technology, which combines the industry’s tightest color binning and intense light output from a single LED, the XM-L2 EasyWhite LED is optimized to replace Color-Consistent 50-Watt Halogen Technology. Read more »
News-Spot | Business News | Jul 23, 2014
Digi-Key and SunLED Sign Distribution Agreement
Global electronic components distributor Digi-Key Corporation, the industry leader in electronic component selection, availability and delivery, today announced a global distribution agreement with SunLED, an industry leader in optoelectronic technology. Read more »
News-Spot | Business News | Jul 22, 2014
Monolithic Power Systems® Signs Avnet Memec as its Pan-European Value-added Distributor
Monolithic Power Systems (MPS) (Nasdaq: MPWR), a leading fabless manufacturer of high-performance analog and mixed-signal semiconductors, and Avnet Memec, an Avnet, Inc. (NYSE: AVT) company and leading global technology distributor, announced the formation of a pan-European value-added distribution agreement. With the new partnership, Avnet Memec is chartered with sales and value-added support for the extensive MPS product portfolio that includes DC/DC and AC/DC converters, LED drivers, battery chargers, motor drivers, and other advanced analog devices throughout Europe. Read more »
News-Spot | Business News | Jul 11, 2014
CODICO Distributes Plessey Semiconductors' GaN-on-Si LEDs
CODICO is happy to announce having a new LED supplier on board. Together with Plessey Semiconductors new areas in the LED market are boarded. As the first company worldwide Plessey Semiconductors has brought the GaN-on-Silicon based technology for the production of LED chips to mass production. Read more »
News-Spot | Business News | Jul 11, 2014
Nuventix Acquired By Aavid Thermalloy
Nuventix is excited to announce that we have been acquired by Aavid Thermalloy. In joining the growing Aavid Thermalloy family, Nuventix’s deep experience with SynJet technology will be scaled and leveraged to enable broader adoption by the Lighting Industry, as well as enabling a large scale rollout to other electronics cooling vertical markets. This combination of forces promises impressive new developments for thermal management of electronics, LEDs, telecommunications components, and beyond. Read more »
News-Spot | Business News | Jul 09, 2014
Fraunhofer Pools Forces and Knowledge with Merger of Fraunhofer COMEDD and Fraunhofer FEP
Fraunhofer Pools Forces and Knowledge with Merger of Fraunhofer COMEDD and Fraunhofer FEP July has been lately bearing a special meaning for the scientists of COMEDD (Center for Organic Materials and Electronic Devices Dresden): Right on that day two years ago the distinct Fraunhofer institution for research in the area of organic processes and electronics, under the name of Fraunhofer COMEDD, had been established. Now, Fraunhofer-Gesellschaft decided to merge Fraunhofer COMEDD and Fraunhofer FEP with an aim to pool knowledge at one location. Read more »
News-Spot | Business News | Jul 09, 2014
Nanotechnology Merger - temicon and holotools Join Forces
The two German high-tech companies temicon GmbH and holotools GmbH join forces to expand their product portfolio in the area of micro and nanotechnologies. In the future they are going to operate under the corporate roof of temicon, continuing the well established brand “holotools” as their trademark for laser interference lithography. Both companies have been working together successfully over many years using complementary technologies in the production chain of high-tech components for optical, medical, solar and environmental applications. Read more »
News-Spot | Business News | Jun 30, 2014
Philips Merges Lumileds and Automotive Lighting Businesses To Set up Stand-Alone Company
Royal Philips today announced that it will start the process to combine its Lumileds (LED components) and Automotive lighting businesses into a stand-alone company within the Philips Group. Philips will explore strategic options to attract capital from third party investors for this business. Philips intends to remain a shareholder and customer of the new company, and will continue the existing innovation collaboration. Read more »
News-Spot | Business News | Jun 27, 2014
Osram and Vatican Sign Framework collaboration Agreement
Osram and the Vatican Museums are deepening their lighting liaison. Both parties have signed a multi-year framework collaboration agreement regarding possible future projects. Osram is currently already equipping the Vatican’s Sistine Chapel with a new LED-based lighting solution. “We are very glad to continue our collaboration with the Vatican. This follow-up agreement underlines that we are offering high-end quality and innovative lighting solutions and underpins our role as the leading global lighting company”, said Christophe Poméon, head of Osram’s Luminaires Business Unit. “Our art and architecture present the most demanding requirements for light. Therefore, we are using outstanding lighting installations. With the opening of the Sistine chapel at end of October, the public can witness first impressions of this”, said Antonio Paolucci, Director of the Vatican Museums. Read more »
News-Spot | Business News | May 28, 2014
AtomSvet Received the ISO 9001 Certification
The quality management system (QMS) works very well at LLC AtomSvet. The German certification centre TÜV SÜD verified its conformity with ISO 9001. TÜV SÜD performed a scheduled supervisory audit of the quality management system (QMS) of AtomSvet on 16 April 2014.This audit is one of the two control audits performed during the three year validity period of the certificate. Read more »
News-Spot | Business News | May 21, 2014
DOE Awards CRADA to Pixelligent and Oak Ridge National Laboratory for Roll-to-Roll Fabrication of OLED Devices
Pixelligent Technologies, a global manufacturer of advanced materials and PixClear™ nanocrystal dispersions for the solid state lighting and flat panel industries, announced today it has entered into a Cooperative Research and Development Agreement (CRADA) with the Department of Energy’s Oak Ridge National Laboratory (ORNL). Entering into this CRADA allows Pixelligent to further optimize materials and formulations to demonstrate improved performance and cost for roll-to-roll manufacturing, including for OLED devices. Read more »
News-Spot | Business News | May 21, 2014
Osram Opens New LED Assembly Plant in China
Osram Opens New LED Assembly Plant in China In a further move to strengthen its leading position in the market for light-emitting diodes (LED), Osram today officially opened its LED assembly plant in Wuxi, China. The factory has a floor area of about 100,000 square meters and will employ as many as 2,100 people by 2017. Osram is investing a low three-digit-million euro amount to set up the plant. “With this step, we’re not only expanding our fully loaded backend LED capacities but also boosting our presence in the world’s largest single lighting market,” said Wolfgang Dehen, Chief Executive Officer of Osram Licht AG. “Asia, and particularly China, are key growth drivers for the global lighting and therefore the LED industry.” Read more »
News-Spot | Business News | May 20, 2014
Samsung’s LED Component Test Lab Recognized by VDE Institute
Samsung Electronics Co., Ltd., a world leader in advanced component solutions, today announced that its test lab for LED component products for use in LED lighting applications was recognized by VDE Institute, the testing and certification branch of VDE Association for Electrical, Electronic & Information Technologies, one of the largest technical and scientific associations in Europe. Read more »
News-Spot | Business News | May 19, 2014
Memoori Predicts Global Market for LED Lighting in Buildings To Reach $10.3 Billion by the End of 2014
Memoori Predicts Global Market for LED Lighting in Buildings To Reach $10.3 Billion by the End of 2014 Memoori estimates that revenue from the global LED Lighting market for buildings hit $8.1 billion in 2013 and will rise to around $10.3 billion by the end of 2014. The market will have grown still further to total almost $23 billion by 2018. This represents a compound annual growth rate (CAGR) in the overall market of 22.8% over the 6-year period. Beyond the time frame of this report, revenue growth will slow as cost competition intensifies; with the size of the LED lighting market expected to level off by around 2020. Read more »
News-Spot | Business News | May 06, 2014
Pixelligent Technologies Joins the Smart Lighting Engineering Research Center at RPI
Pixelligent Technologies, the global manufacturer of PixClear™ high index materials and nanocrystal dispersions for the solid state lighting and flat panel display industries, announced today that it has joined the Smart Lighting Engineering Research Center (ERC) at Rensselaer Polytechnic Institute. The ERC is a research, innovation and educational organization that focuses on future lighting systems that will improve health and productivity and save energy at the same time. As a member of the ERC, Pixelligent will have access to the RPI faculty, as well as the Center’s world-class testing and characterization infrastructure. Read more »
News-Spot | Business News | Apr 24, 2014
SILICA’s Lighting Division Complements Expansion Strategy with New Website
SILICA’s Lighting Division Complements Expansion Strategy with New Website SILICA, an Avnet, Inc. company, today announced its new website for customers of its Silica Lighting division. The comprehensive online resource at www.silicalighting.com provides an overview of the complete SILICA Lighting portfolio, which includes LEDs, opto devices, power and thermal management, LED drivers, interconnects and integrated LED lighting solutions. Read more »
News-Spot | Business News | Apr 17, 2014
Cambridge Nanotherm® Opens World’s First Fully Automated Production Line for Aluminium Nano-Ceramic Substrates
Cambridge Nanotherm® Opens World’s First Fully Automated Production Line for Aluminium Nano-Ceramic Substrates Cambridge Nanotherm®, the manufacturer of advanced Aluminium Nano-Ceramic substrate technology for the thermal management of electronic applications, installs the first of many fully automated lines. Nanotherm® production line extends the applications of this award winning patented technology also beyond LED lighting to wider electronic substrate applications that require higher thermal management, lower cost of ownership and smaller footprints Read more »
News-Spot | Business News | Apr 08, 2014
"LLFY Selector"-App Offers Mobile Support by LED Light for You Network
"LLFY Selector"-App Offers Mobile Support by LED Light for You Network Customers are now being given product search support through the Osram “LED Light for you” partner network (LLFY) in the form of an app, making product searches easier and quicker than ever before. As the name “LLFY Selector” suggests, this app has been designed specifically to find products. Read more »
News-Spot | Business News | Mar 19, 2014
LUXeXceL Extends 3D Printing Capacity with New Factory for LED Optics
LUXeXceL Extends 3D Printing Capacity with New Factory for LED Optics LUXeXceL Group, the inventor of the revolutionary Printoptical® Technology, and global leader in the Additive Manufacturing of optical components, announces to invest in a new 3D printing factory dedicated to manufacturing volumes of LED lighting optics. This month the first housing and installation activities have started to ensure that the first digital production line will be operational by the second half of 2014. Read more »
News-Spot | Business News | Mar 12, 2014
UL Announces New Program To Speed up LED Luminaire Certification
UL, a global safety science leader, announced today the introduction of the Type TL Program, which offers a set of certification guidelines designed to create a more efficient path for manufacturers in developing new LED luminaire products. Through the flexibility of the UL Recognized Component program, LED drivers, an electrical device which regulates power to an LED or string of LEDs, are often designed with varying constructions and are tested in a variety of ways. This approach helps ensure LED drivers are interchangeable in most cases without the need for additional testing. Read more »
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