Business News Archive

Business News | Apr 11, 2011
Pro-Lite Acquires SphereOptics GmbH
British photonics and light measurement equipment distributor Pro-Lite Technology Ltd has acquired a majority shareholding in German company SphereOptics GmbH (Uhldingen, Germany), with effect from April 1st 2011. With the acquisition of SphereOptics, Pro-Lite will apply its technical leadership to help grow its light measurement business in the German, German-speaking and Eastern European markets. Read more »
Business News | Apr 05, 2011
IMS Research Says "TI to Dominate Power ICs and LED Driver ICs Market"
Texas Instruments’ acquisition of National Semiconductor for $6.5 billion will create a giant that dominates the power IC field according to the latest data* from IMS Research.The combination of these two titans will represent about 17% of the power management and driver IC market, or $2.2 billion in revenue, whilst their share of the LED IC market will stand at over 25%. Read more »
Business News | Apr 05, 2011
LED Producer e:lumix Brings New Dynamics into the Lighting Industry
LED Producer e:lumix Brings New Dynamics into the Lighting Industry e:lumix, Augsburg, Germany, April 4th, 2011 - The following information was given to LED professional in an interview with Mr. Zabel, CTO of e:lumix. e:lumix will be delivering about 200 million LEDs of the type UltraHighBright 3528 LED to China in 2011. Through strategic measures and the simplification of chip production, e:lumix has been able to place their new LED Series – UltraHighBright 3528 LED in the mid-price sector for the Chinese market. A contract was signed with one of the largest Chinese LED-dealers last week. Read more »
Business News | Apr 05, 2011
TI to Acquire National Semiconductor
Texas Instruments Incorporated (TI) (NYSE: TXN) and National Semiconductor (NYSE: NSM) today announced they have signed a definitive agreement under which TI will acquire National for $25 per share in an all-cash transaction of about $6.5 billion. The acquisition combines two industry leaders in analog semiconductors, each with unique strengths in delivering products to improve performance and efficiency and convert real-world signals in electronic systems. The boards of directors of both companies have unanimously approved the transaction. Read more »
Business News | Apr 01, 2011
MOUSER & BIAS POWER Unite to Deliver Powerful Design Solutions
Mansfield, Texas, USA – March 30, 2011 – Mouser Electronics, Inc., known throughout the industry as a top global design engineering resource for semiconductors and electronic components, today upped the power of its expansive linecard in forming a global distribution agreement with Bias Power Inc. Bias Power is a leading manufacturer of drop-in low power, universal input, AC/DC power modules and ruggedized LED drivers. Read more »
Business News | Mar 15, 2011
Kyma and Sinmat Enter Cooperation Agreement to Provide Advanced Crystal Fabrication Services
Kyma Technologies, Inc., a leading supplier of ultra-high purity crystalline gallium nitride (GaN) and aluminum nitride (AlN) materials and related products and services, and Sinmat Inc., a leading provider of innovative chemical mechanical planarization (CMP) technologies for wide band-gap materials, have entered into an agreement to cooperate with each other in the area of advanced crystal fabrication to better serve their customers. Read more »
Business News | Mar 10, 2011
Tyco Electronics Is Now TE Connectivity Ltd.
Tyco Electronics Ltd. (NYSE: TEL) received shareholder approval at yesterday's Annual General Meeting to change the company name to TE Connectivity Ltd. The name change is subject to Swiss regulatory approval, which the company expects to receive by March 25, 2011. The NYSE ticker symbol (TEL) will remain the same. Read more »
Business News | Mar 08, 2011
Capacity Expansion at OSRAM Opto Semiconductors
Capacity Expansion at OSRAM Opto Semiconductors OSRAM Opto Semiconductors will be stepping up its production output significantly by converting its two chip manufacturing facilities to 6-inch wafers while expanding both plants. A new production building is currently under construction in Penang, Malaysia, while in Regensburg, Germany, the available space is being reallocated. The two facilities will each be converting to the new manufacturing technology, introducing 6-inch wafers to replace the current 4-inch wafers. These measures are expected to almost double the chip production capacity for white LEDs by the end of 2012. Read more »
Business News | Mar 07, 2011
UL Expands Capabilities in Global Lighting Technology Market with Acquisition of Lighting Sciences, Inc.
UL, a world leader in advancing safety, announced today that it has acquired Lighting Sciences, Inc. (LSI), a leading provider of photometric testing services, test equipment, and advisory services in support of the growing Solid State Lighting (SSL) market. LSI will become part of UL's Verification Services business, which provides performance testing, inspection and auditing for product manufacturers and retailers worldwide. Read more »
Business News | Mar 01, 2011
Global Safety Certification Alignment, ALT Acquired KCMark & C-Tick
Aeon Lighting Technology Inc.(ALT), the leading high power LED lighting company in Taiwan, has recently acquired KCMark from Korea, and C-Tick from Australia, and become the first LED lighting manufacturer to acquire these two certifications in the world. It is also a surely approval from Korean and Australian governments to sell products into these two countries. Read more »
Business News | Feb 28, 2011
OSRAM Expanding in the Market for Energy-Efficient Lighting Systems and Luminaires
OSRAM is acquiring Siteco Lighting GmbH based in Traunreut/Germany from Barclays Private Equity. Siteco is a leading European lighting company with a worldwide workforce of 1250 and achieving revenue of around €220 million in fiscal year 2010. The company supplies luminaires and lighting systems for urban infrastructures such as public and commercial buildings, streets, tunnels, airports and sports stadiums. More than two thirds of the global lighting market is covered by luminaires and lighting systems. “With this acquisition, OSRAM is addressing this key market. As a leading manufacturer of lighting components, we are now also further expanding our competencies in the solution business. This applies to conventional energy-saving lighting technology and in particular to LED-based luminaires and systems, where we are expecting the greatest growth”, says Martin Goetzeler, CEO of OSRAM. The transaction remains subject to approval by the relevant antitrust authorities. The parties have agreed to keep the purchase price undisclosed. Read more »
Business News | Feb 24, 2011
10 Year Warranty on LED Lighting Fixtures
Amerlux has announced a brand new warranty that applies to all of the company's LED lighting fixtures beginning February 1, 2011. This bold warranty exhibits the company's confidence in its vast selection of breakthrough products, and fully expresses the Amerlux promise that LED products will be free from defects in material and workmanship for 10 years from the manufacture date. Read more »
Business News | Feb 23, 2011
Philips Lumileds Leads LED Lighting Industry to “Freedom From Binning” and Unsurpassed Quality of Light
Philips Lumileds announced an industry breakthrough today that will relieve luminaire manufacturers’ and lighting designers’ concerns over white light consistency and uniformity and will dramatically simplify the design process for LED solutions. With Philips Lumileds vision for Freedom From Binning, white LUXEON emitters will be so uniform and consistent that there will be no color bin selections. Buyers of the new LEDs, initially released at CCTs of 2700K and 3000K with others to follow, will receive LUXEON LEDs that are already tested and binned at real-world operating conditions so that their performance for color, light output, and efficacy are already known. Lumileds will proliferate Freedom From Binning through new product introductions this year and into the future. Read more »
Business News | Feb 18, 2011
Future Lighting Solutions and Oree Sign Worldwide Distribution Agreement
Oree, developer of solid-state lighting planar illumination technology, and Future Lighting Solutions, the leading provider of solid-state lighting solutions, announced a worldwide distribution agreement today. As a result of this agreement, Future Lighting Solutions will market, sell and support Oree’s LightCell™ products to customers around the world. Read more »
Business News | Feb 17, 2011
Philips LED Lightbulb is First 60-W Equivalent to Earn Energy Star Qualification
Philips LED Lightbulb is First 60-W Equivalent to Earn Energy Star Qualification The world’s first LED replacement for a 60-watt incandescent bulb is now also the first to earn ENERGY STAR qualification. Philips Lighting announced today that the Philips AmbientLED 12.5 watt (also sold professionally under the Philips EnduraLED brand) has met or exceeded the quality and energy efficiency requirements for a 60-watt LED equivalent set forth by ENERGY STAR, proving that it is a highly-efficient, cost-effective lighting option for consumers. The bulb lasts 25 times longer and uses 80 percent less energy than the 60-watt incandescent bulb it was designed to replace. Read more »
Business News | Feb 17, 2011
DiCon Lighting Introduces Cielux as Its New Business Division
DiCon Lighting Introduces Cielux as Its New Business Division DiCon Lighting announced the launch of its new LED business unit, Cielux. Cielux was founded on a simple concept: to bring brilliant light with user-friendly interfaces into the home. Its family of products focuses on LED driven lamps that emit radiant light for task, accent and mood lighting. Cielux will ship its first product, LUNE, an LED mood light, on March 1st. Read more »
Business News | Feb 15, 2011
GE Mocks Consumers: GE Sends Energy-Efficient Valentine to U.S. Consumers
U.S. consumers shopping for light bulbs this Valentine’s Day and in the coming months may notice changes on retail store shelves: fewer incandescent bulbs and a wider selection of energy-efficient incandescent halogen bulbs. GE Lighting offers a light bulb that looks like the century-old and beloved incandescent bulb, produces nearly the same light output but operates up to 22 percent more efficiently. Read more »
Business News | Feb 03, 2011
Dialight Expands to Australia via Acquisition
Dialight, the innovative global leader in LED lighting technology, has recently acquired 75% of Lightday Investments Pty Ltd trading as Industrial Lighting Solutions (ILS), its Australian distributor of ultra-efficient lighting products. Read more »
Business News | Feb 03, 2011
Rudolph Technologies Expands into LED Marketplace
Rudolph Technologies, Inc. (NASDAQ: RTEC), a leading provider of process characterization equipment and software that is designed to improve yield for the microelectronics and solar manufacturing industries, announced today that it has expanded into the LED (light emitting diode) market with two significant orders. Read more »
Business News | Jan 20, 2011
Dow Corning Joins the imec GaN Affiliation Program
Dow Corning Joins the imec GaN Affiliation Program Dow Corning has formalized an agreement to enter the imec multi-partner industrial R&D program on GaN semiconductor materials and device technologies. The program focuses on the development of the next generation GaN power devices and LEDs. The collaboration between Dow Corning and imec will concentrate on bringing the GaN epi-technology on silicon wafers to a manufacturing scale. Read more »
Business News | Jan 19, 2011
Arrow Electronics and Carclo Optics Sign EMEA Distribution Agreement
Effective immediately, Arrow Electronics, Inc. will distribute Carclo Optics lighting products in the EMEA region. Carclo Optics, based in Slough, United Kingdom, is a business division of Carclo Technical Plastics Ltd. (CTP), and supplies a range of lighting products including lenses, reflectors, optics and modules. Carclo develops street lighting systems, among others. Read more »
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