Business News Archive

Business News | Dec 20, 2019
The Global Lighting Association Elects New Executive Committee, Foreshadowing Active Advocacy Programs
The Global Lighting Association Elects New Executive Committee, Foreshadowing Active Advocacy Programs The Global Lighting Association (GLA) met early December in Tokyo and elected an inaugural Executive Committee in anticipation of its incorporation as a non-profit association in Switzerland. Completion of the incorporation process is expected early in 2020. Maurice Maes, as a representative of LightingEurope, was appointed President. He is employed by Signify, formerly known as Philips Lighting, as Head of Standards & Regulations. Read more »
Business News | Osram | Nov 14, 2019
Osram Recommends Current Takeover Offer from ams
Osram Recommends Current Takeover Offer from ams Osram has concluded a comprehensive business combination agreement with ams and recommends its shareholders accept the current takeover offer. "After intensive negotiations, we have agreed on many decisive framework conditions for the future of Osram and our employees," said Olaf Berlien, CEO of OSRAM Licht AG. "The most important thing is that the employees at German locations are protected from merger-related layoffs until the end of 2022.” In addition, the strong Osram brand is to be reflected in the company name of the new group. The sensor specialist ams explicitly supports the photonics strategy of Osram. 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 | Organization Statements | LightingEurope | Environment | Circular Economy | Aug 01, 2019
EU Policy Offers the Lighting Industry Risks and Opportunities
EU Policy Offers the Lighting Industry Risks and Opportunities The European Union is pushing a number of policy initiatives in the coming months and years that will have a profound impact on the business models of firms competing in the European lighting industry. Read more »
Business News | Organization News | DiiA | Certification | Aug 01, 2019
DALI-2 Certification of Sensors and Input Devices Is Now Underway
DALI-2 Certification of Sensors and Input Devices Is Now Underway The Digital Illumination Interface Alliance (DiiA), the global industry organization for DALI lighting control, has introduced DALI-2 certification for a range of products including light sensors, occupancy sensors, push-buttons, switches and sliders. These products, known as DALI-2 input devices, provide user-derived and environmental information to the lighting-control system. 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 News | Organization News | Zhaga | IoT Ready | Partnerships | Apr 02, 2019
IoT Ready Alliance Dissolves and Capitalizes on the Breadth of the NEW Zhaga Consortium
IoT Ready Alliance Dissolves and Capitalizes on the Breadth of the NEW Zhaga Consortium Zhaga and the IoT Ready Alliance are pleased to announce that they have agreed to align their efforts and to proceed as a single organisation under the Zhaga Consortium. The objective is to foster a harmonized, global set of interface specifications for sensor-to-luminaire integration and to remove confusion in the industry. Read more »
Business News | Organization News | Zhaga | Memberships | Dec 17, 2018
New Zhaga Has Gone Live! - Offering a “Community Membership" to Serve New Groups
New Zhaga Has Gone Live! - Offering a “Community Membership" to Serve New Groups The Zhaga Consortium has widened its scope of work to address new growth areas in IoT and the service economy. To implement this move, a new Consortium Agreement has been written and members have renewed their membership. Next to component and luminaire manufacturers, the NEW Zhaga aims to expand its outreach to a larger group of companies and offers a new Community Membership. Read more »
Business News | News-Spot | Dec 19, 2016
David Errigo Elected National Lighting Bureau Chair
David Errigo Elected National Lighting Bureau Chair David R. Errigo, vice president of sales for luminaire manufacturer LumenOptix, has been elected chair of the National Lighting Bureau (NLB), the independent, not-for-profit, lighting-education foundation sponsored by professional societies, trade associations, manufacturers, utilities, and agencies of the U.S. government. Read more »
Business News | Dec 13, 2016
Philips Sells 80.1% Shares of Lumileds to Apollo Global Management
Philips Sells 80.1% Shares of Lumileds to Apollo Global Management Royal Philips announced that it has signed an agreement to sell an 80.1% interest in Lumileds, a leading supplier of LED components and automotive lighting, to certain funds managed by affiliates of Apollo Global Management, LLC (NYSE: APO) (together with its consolidated subsidiaries: “Apollo”). Philips will retain the remaining 19.9% interest* in Lumileds. Read more »
Business News | Dec 01, 2016
LightingEurope Welcomes the Inclusion of Lighting in New EPBD
LightingEurope Welcomes the Inclusion of Lighting in New EPBD LightingEurope welcomes yesterday’s European Commission proposal on amending the Energy Performance of Buildings Directive (EPBD). In particular, LightingEurope is glad to see that the European Commission proposal imposes on Member States to set system requirements for all the technical building systems, built-in lighting included. Read more »
Business News | News-Spot | Nov 22, 2016
International Solid-State Lighting Alliance (ISA) - Annual General Assembly Meeting in Beijing
International Solid-State Lighting Alliance (ISA) - Annual General Assembly Meeting in Beijing From November 14th to 18th the International Solid-State Lighting Alliance (ISA) hosted several meetings in conjunction with the ChinaSSL conference (13th China International Forum on Solid State Lighting) in Beijing, China. The Awards for Outstanding Achievement for Global SSL Development 2016 were given to Professor Russell D. Dupuis and Professor Harald Haas. Read more »
News-Spot | Business News | Nov 21, 2016
The Connected Lighting Alliance Accomplishes its Mission and Dissolves its Organization
The Connected Lighting Alliance Accomplishes its Mission and Dissolves its Organization The Connected Lighting Alliance (TCLA), the primary advocate of wireless lighting connectivity, announced today that is has accomplished its goal of converging the lighting industry in support of the use of open protocols for wireless lighting solutions. Having looked at a wide variety of open protocols, TCLA has now endorsed ZigBee 3.0 for consumer applications and identified the Thread Group as the organization to develop a suitable network-layer protocol for indoor professional lighting applications. As such, the members of TCLA have agreed to dissolve the organization by the 31st of December 2016. Their work and vision for interoperable wireless lighting solutions will continue at TCLA's partner organizations: the ZigBee Alliance, the Thread Group and the Fairhair Alliance. Read more »
Business News | Nov 16, 2016
EPIC & CSA Sign Memorandum of Understanding for Closer Cooperation
EPIC & CSA Sign Memorandum of Understanding for Closer Cooperation EPIC (European Photonics Industry Consortium) and CSA (China Solid State Lighting Alliance) have signed a memorandum of understanding to further strengthen their existing collaboration. Additional emphasis will be placed on increasing public understanding of the science of Photonics, collaborate on information exchange, projects, events, and advisory mandates with an aim of bringing cooperation and, ultimately, the best new Lighting technologies and innovations to market. Read more »
Featured | Business News | Nov 15, 2016
Smart Lighting for Smart Cities
Smart Lighting for Smart Cities The winds of technical change are blowing through cities and communities. Digital networking is not only providing municipal authorities with considerable benefits but is also making cities safer and better places to live. Read more »
News-Spot | Business News | Sep 29, 2016
Fraen Color-Mixing Zoom System Patent for LED Lighting Issued by USPTO
Fraen Color-Mixing Zoom System Patent for LED Lighting Issued by USPTO READING, Mass. (September 28, 2016) — Fraen is pleased to announce that the U.S. Patent and Trademark Office recently issued a patent on the cornerstone product of Fraen’s entertainment lighting optics portfolio. Patent number 9,411,083 was granted on August 9, 2016, and covers Fraen’s system for colormixing zoom LED lighting optics. Read more »
Business News | Sep 07, 2016
Mouser Announces Availability of TI's OPT3002 Light-to-Digital Sensor
Mouser Announces Availability of TI's OPT3002 Light-to-Digital Sensor Mouser Electronics, Inc. is now stocking the OPT3002 light-to-digital sensor from Texas Instruments (TI). Greatly improving system performance over standard photodiodes and photoresistors, the fully-integrated OPT3002 delivers the functionality of an optical power meter all within a single small device. Offering a wide spectral bandwidth, flexible and automated light measuring over a 23-bit effective dynamic range, and a simplified software and set-up configuration, this low-power optical sensor is ideal for use in optical spectral systems that require detection of a variety of wavelengths, such as optically-based diagnostic systems, or even as a low-power, battery-operated wake-up sensor. Read more »
Business News | Aug 30, 2016
EPIC Strengthens Team with Carmen Ferrari
EPIC Strengthens Team with Carmen Ferrari Carmen Ferrari, a certified meetings professional with a bachelor in business administration, joins EPIC (European Photonics Industry Consortium) as Events and Marketing Manager. Carmen is passionate about bringing people together and has a wealth of experience in facilitating interaction among individuals. Read more »
Business News | Aug 23, 2016
Acquisition of Nualight’s LED Driver Business Strengthens Fulham’s European Channels
Fulham Company Group, a leading supplier of lighting components and electronics for commercial and specialty applications, has signed a definitive agreement to acquire certain assets of the LED Driver business of Lumotech, based in Alkmaar, Netherlands, from Nualight, a manufacturer of specialty LED products. With completion of this acquisition, Lumotech will become Fulham’s new European Design Centre. Read more »
Business News | Aug 03, 2016
Fulham Opens New European Headquarters and Design Centre
Fulham Co., Inc., a leading supplier of lighting components and electronics for commercial and specialty applications, has established a new European headquarters and design centre in Alkmaar in the Netherlands. Opening of the new regional headquarters follows Fulham Group’s recent asset acquisition of Lumotech’s LED driver business which itself is based in Alkmaar. The transaction to acquire Lumotech assets was completed on June 30, 2016. Read more »
Business News | Jul 26, 2016
ams Acquires Color and Spectral Sensing Specialist MAZeT
ams Acquires Color and Spectral Sensing Specialist MAZeT ams AG, a leading provider of high performance sensors and analog ICs, has closed the transaction to acquire 100% of the shares in the color and spectral sensing systems specialist MAZeT GmbH for an undisclosed amount in cash. The strategic acquisition extends ams’ market leadership in advanced optical sensors and strengthens ams’ position in emerging optical sensing applications. Read more »
Business News | Jul 14, 2016
Infineon to Acquire Wolfspeed for US Dollar 850 Million in Cash
Infineon to Acquire Wolfspeed for US Dollar 850 Million in Cash Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) and Cree, Inc. (Nasdaq: CREE) announced today that Infineon has entered into a definitive agreement to acquire the Wolfspeed Power and RF division (“Wolfspeed”) of Cree. The deal also includes the related SiC wafer substrate business for power and RF power. The purchase price for this planned all-cash transaction is US Dollar 850 million (approximately Euro 740 million). This acquisition will enable Infineon to provide the broadest offering in compound semiconductors and will further strengthen Infineon as a leading supplier of power and RF power solutions in high-growth markets such as electro-mobility, renewables and next-generation cellular infrastructure relevant for IoT. Read more »
News-Spot | Business News | Jun 27, 2016
Honglitronic's High Power AC LED Module Obtained the CE Certificate
Honglitronic's High Power AC LED Module Obtained the CE Certificate Honglitronic high power AC LED module obtained the CE certificate, 10W LE002,and 20W LE003, that means that the products meet European Union’s safety and EMC standard with CE certified lable.The LED components with CE certification could be an advantage for customers to make use of in the design of lamps and lanterns, and cost saving. It also can help the client to shorten down the lamps and lanterns’ CE certification cycle. Read more »
Business News | Jun 22, 2016
Mouser Electronics Now Shipping Cree’s Next Generation of XLamp XPG LEDs
Mouser Electronics Now Shipping Cree’s Next Generation of XLamp XPG LEDs Mouser Electronics, Inc. is now stocking the new XLamp® XP-G3 LEDs from Cree. This third generation of the XLamp XPG platform incorporates elements of Cree’s SC5 Technology™ Platform for high reliability at high operating temperatures. The LEDs deliver 31 percent more lumens and 8 percent higher lumens-per-watt than the previous generation. Optimized for directional, high-lumen applications, from indoor and outdoor to portable and lamp retrofits, the XP-G3 LEDs deliver the benefits of the XP-G platform — a compact, 3.45 × 3.45mm package and established ecosystem — enabling designers to simplify the design process and shorten time to market. Read more »
Business News | May 30, 2016
Samsung’s LED Component Test Lab Approved by UL for UL Total Certification Program
Samsung’s LED Component Test Lab Approved by UL for UL Total Certification Program SEOUL, Korea – May 26, 2016 – Samsung Electronics Co., Ltd., a world leader in advanced component solutions, today announced that its test lab for LED packages and modules has been qualified by UL (Underwriters Laboratories), a widely-recognized global safety science organization, to operate the UL Total Certification Program (TCP), one of the highest levels of testing and qualification under the UL Data Acceptance Program (DAP). Read more »
Business News | May 16, 2016
Sensity Systems and Chinese Academy of Sciences to Construct Global Platform For Smart City Applications and Services
The Chinese Academy of Sciences (CAS) and Sensity Systems Inc., provider of a leading Internet of Things (IoT) platform for Smart Cities, today announced an agreement under which the two organizations will form a new joint venture in China to focus on the development of smart city solutions for China and sales worldwide. The resultant IoT Platform for Chinese Smart Cities will be application compatible with the current Sensity IoT Smart City Platform, thereby providing application developers access to a global market for cities. Outside of China, the joint venture products will be sold under the Sensity platform program. Read more »
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