Business News Archive

Business News | Jul 30, 2010
Seoul Semiconductor Europe GmbH to Show New Products at Light+Building
Seoul Semiconductor Europe GmbH today announced that it will showcase their LED products for general lighting and various applications at Light+Building, Apr 6-11, in Frankfurt am Main, Germany. You will get information on Seoul Semiconductor’s new products of Acriche including new warm, blue, green, and red Acriche, Z-Power LED, and Top LED and several applications using the company's Z-Power LEDs and Top LEDs at their booth: Hall 4, Stand 39. Read more »
Business News | Jul 30, 2010
Nuventix Designed Synjet Cooler for Breakthrough Energy Saving Philips Fortimo LED System
Nuventix Designed Synjet Cooler for Breakthrough Energy Saving Philips Fortimo LED System At Light+ Building, Nuventix, Inc., electronics cooling technology innovator and LED industry thermal management specialist, announced its SynJet cooling option for the Philips Fortimo LED Downlight module. The Nuventix product is an active cooling solution utilizing SynJet fanless air cooling technology that offers silent operation, long life, and optimal cooling for the Philips Fortimo Downlight LED Module (DLM) products. Read more »
Business News | Jul 30, 2010
Zumtobel Group Teams up with CREE to Boost Innovative LED Lighting
To drive the further expansion of its LED business, the Zumtobel Group has initiated a close cooperation with the US LED manufacturer CREE. A listed company, CREE is global market leader for high-performance LEDs and specializes in the development and production of LED products, including chips, in the highest brightness classes. The two companies have agreed that the Zumtobel Group will use CREE High-Brightness LED Chips in new products and projects of all its brands as both companies pursue the goal of driving forward the use of LED technology in the professional lighting sector. Read more »
Business News | Jul 30, 2010
Zumtobel Group acquires Italian LED company SpaceCannon
The Zumtobel Group has strengthened its position in preparation for the further expansion of its LED operations through the acquisition of the Italian LED company SpaceCannon. SpaceCannon, which was founded in 1988 near Alessandria in Piedmont, specialises in LED-based lighting scenarios for outdoor, façade and event lighting. Read more »
Business News | Jul 30, 2010
Lamina Announces CO2 Offset Certification for LED Products
Lamina Lighting Incorporated (Lamina), an innovator of LED lighting systems and technologies, has announced that the use of their new TitanTurbo TruColor LED product has been certified to avoid more than 3 tons of C02 emissions into the earth’s atmosphere as compared to its incandescent equivalent. Read more »
Business News | Jul 30, 2010
Lighting Science Group Acquires Lighting Partner BV
Lighting Science Group Corporation (OTC Bulletin Board: LSCG) ("LSG"), a leading developer and integrator of intelligent and energy-efficient LED lighting solutions, announced today that it has completed the acquisition of Lighting Partner BV ("LPBV"), an innovative manufacturer providing a broad range of LED and High- intensity Discharge ("HID") lighting solutions for residential, commercial, and retail applications based in The Netherlands. Read more »
Business News | Jul 30, 2010
Nexxus Lighting Closes Acquisition of Lumificient Corporation
Nexxus Lighting, Inc. (NASDAQ Capital Market: NEXS) today announced that it has closed the previously announced acquisition of solid-state LED lighting manufacturer, Lumificient Corporation. The newly acquired company will be operated as a wholly owned subsidiary of Nexxus Lighting and will continue to operate out of its manufacturing facility in Maple Grove, Minnesota. Read more »
Business News | Jul 30, 2010
Intematix Adds Integration Capabilities with Solid State Lighting Technology Development Center
Intematix Corp. a leading innovator of advanced materials and merchant provider of patent-backed phosphor solutions for solid state lighting applications, today announced the launch of the Intematix Technology Center (ITC) in Yang Mei, Taiwan. With direct access to critical components, the center will provide LED packagers with the full compliment of materials necessary for rapid prototyping and deployment of any phosphor-based solid state lighting solution. In addition, ITC adds a full service integration and pilot production capability for a range of chip-on-board and integrated light engines/modules to support the needs of solid state lighting system providers. Read more »
Business News | Jul 30, 2010
Cree Announces Volume Shipments of LR4 Recessed LED Down Lights
Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, announces volume shipments in May of the LR4, a four-inch architectural recessed LED down light for new construction and renovation projects. The LR4 has been specified in a number of significant projects, including corporate campuses, full-service hotels, and global restaurant chains. Read more »
Business News | Jul 30, 2010
Lamina Opens Product Showroom and Design Center in New York
Lamina Lighting Incorporated (Lamina), the world leader in the development and manufacturer of high-power LED light engines, today announced it has opened The Lamina Design Center, a product showroom and design studio at 336 West 37th Street in Manhattan. The Center is located in The Arts Building (www.theartsbuilding.com), also home to lighting designers, artists and other businesses in the creative field. Read more »
Business News | Jul 30, 2010
Carmanah Updates Strategic Renewal
Victoria, British Columbia, Canada as part of the previously announced strategic renewal process designed to return the Company to sustained and profitable growth, solar-technology provider Carmanah Technologies Corporation today announced a restructuring of its operations to focus on its sales activities, while continuing to further reduce expenses and improve efficiency and increase EBITDA (Earnings before Interest, Income Taxes, Depreciation & Amortization) results. Read more »
Business News | Jul 30, 2010
Nexxus Lighting Becomes Energy Star Partner
Nexxus Lighting, Inc. (NASDAQ Capital Markets: NEXS) today announced that it has become an Energy Star Partner. ENERGY STAR is a joint program of the U.S. Environmental Protection Agency and the U.S. Department of Energy that helps consumers save money and protect the environment through energy efficient products and practices. Read more »
Business News | Jul 30, 2010
Analog Technologies Corp. Announces New LED Lighting Subsidiary Named Lumagine
Analog Technologies Corp., a leading provider of electronic design and manufacturing services announced today the launching of a wholly-owned subsidiary focused on high power LED integration for Solid State Lighting OEM’s. The newly formed operation, Lumagine, LLC will be responsible for design and manufacturing services of high power LED light engines and assemblies. Read more »
Business News | Jul 30, 2010
Marktech Announces Grand Opening of Online Store
Marktech Announces Grand Opening of Online Store Marktech LED Lighting Products announces the grand opening of their online store, MarktechLEDlighting.com, and speaks to consumers about the importance of energy conservation. At MarktechLEDlighting.com, consumers will find creative illumination ideas that are designed to leave a minimal footprint on the environment. Read more »
Business News | Jul 30, 2010
ON Semiconductor to Acquire Catalyst Semiconductor, Inc. in an All-Stock Transaction
ON Semiconductor Corporation (Nasdaq: ONNN) and Catalyst Semiconductor, Inc. (Nasdaq: CATS) today announced the signing of a definitive merger agreement providing for the acquisition of Catalyst Semiconductor by ON Semiconductor in an all-stock transaction in which Catalyst shareholders will receive 0.706 shares of ON Semiconductor common stock for each share of Catalyst common stock they own. This represents an equity value of approximately $115 million and an enterprise value of approximately $85 million. Read more »
Business News | Jul 30, 2010
Cree LR6 LED Light Wins Silver International Design Excellence Award (IDEA)
Cree LR6 LED Light Wins Silver International Design Excellence Award (IDEA) Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, announced that its flagship LED recessed down light, the LR6, won a prestigious Silver International Design Excellence Award (IDEA) in the EcoDesign category. IDEA is one of the most prominent design competitions in the world, celebrating cutting-edge products and product concepts. Selected from 1,517 entries, the juried awards are co-sponsored by the Industrial Designers Society of America and BusinessWeek. This award continues the parade of accolades garnered by the LR6 for its performance and quality. Read more »
Business News | Jul 30, 2010
Lighting Science Group Acquires All Assets of Lamina Lighting, Inc
Lighting Science Group Corporation (OTC Bulletin Board: LSCG) ("LSG"), a leading developer and integrator of intelligent and energy-efficient LED lighting solutions, announced today that, through one of its wholly-owned subsidiaries, it has acquired all of the assets of Lamina Lighting, Inc. (Lamina), a leader in the development and manufacture of high-power LED light engines and modules. Year-to-date revenues for the first six months of 2008 for Lamina were approximately $2.1 million. Read more »
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