ON Semiconductor to Acquire Fairchild Semiconductor for $2.4 Billion in Cash
PHOENIX, Ariz. – Nov. 18, 2015 – ON Semiconductor Corporation (Nasdaq: ON) (“ON Semiconductor”) and Fairchild Semiconductor International Inc. (Nasdaq: FCS) (“Fairchild”) today announced that they have entered into a definitive agreement for ON Semiconductor to acquire Fairchild for $20.00 per share in an all cash transaction valued at approximately $2.4 billion. The acquisition creates a leader in the power semiconductor market with combined revenue of approximately $5 billion, diversified across multiple markets with a strategic focus on automotive, industrial and smartphone end markets.[1]
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Xicato Puts People in the Spotlight with Beauty Series LED Modules
New formulation brings out the natural and subtle beauty of human skin tones. Xicato, a leading manufacturer of intelligent light sources, announces the immediate availability of new commercial LED modules that make people look good – and feel good about how they look.
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Osram Spins Off General Lighting Business
German lighting giant Osram announced it will be spinning off its general lighting business including general LED lighting into an independent company.
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Soraa Moves Forward with New York Manufacturing Expansion Plans
Working with the State of New York, Soraa will open a Syracuse, NY Semiconductor Fabrication Plant and Employ Hundreds of Workers Read more »
OLEDWorks Finalizes Acquisition of Key Parts of Philips’ OLED Light Source Components Business
ROCHESTER, N.Y.- Nov. 2, 2015: OLEDWorks LLC, the leading U.S. OLED light engine and panel manufacturing company, today announced that it has completed the acquisition of key OLED assets and relevant intellectual property from Royal Philips (NYSE: PHG; AEX: PHIA), the global leader in lighting. Manufacturing will continue in the existing facility in Aachen, Germany with the establishment of OLEDWorks GmbH. OLEDWorks announced this acquisition in April, 2015. Read more »
EPIC and ISA Cooperation - Carlos Lee Joins ISA's Council of Management
“I am looking forward to Mr. Lee to make contribution to the ISA Council of Management as well as bring value to the ISA.” says Ms. Ling Wu, President of ISA and (International SSL Alliance) and Secretary General of CSA (China Solid State Lighting Alliance). Carlos Lee brings valuable experience from his personal semiconductor industry background, and feedback from the activities he organizes at EPIC for instance on lighting for automotive, lighting for horticulture, and many other application areas.
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Russian Investor to Boost VTT-Originated Flexbright LED Foil Technology
VTT-originated Flexbright Oy and Russian company NNCRM have agreed on partnership to develop Flexbright's innovative LED foil project. This offers many business opportunities to further innovation and design making use of Internet of Things technology, for example.
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Lux-TSI Completes Full Accreditation: LM-79 Testing for Global Market Access
With the growing demand for independent accredited photometric data, Lux TSI has completed its UKAS accreditation extension and is now providing full accredited photometric reports and files for LED lighting products to LM-79-08, CIE S025 and EN 13032-4. Our data is accepted by Lighting Facts, Energy Star and Design Lights Consortium (DLC). As a result, Lux-TSI is supporting Global Market Access for lighting manufacturers from its high-tech laboratory site in the UK.
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Munich Re Insures LED Products that Have DEKRA LED Performance Approval
Munich Re’s Green Tech Solutions has developed specialized insurance solutions for the LED market, in which LED manufacturers as well as project developers can cover the financial risks resulting from guarantee conditions or technical problems. Munich Re and DEKRA expect that the willingness to invest in LED projects will increase as a result of this. Their collaboration goes further than just the insurance, with both companies exchanging knowledge about the quality of LED lighting and collaborating in developing new services for the LED market. Read more »
Rutronik Expands Franchise Activities
Rutronik widens its activities with two new franchise agreements for C&K products and the former IR portfolio that now belongs to Infineon. Read more »
Industry Mourns the Passing of Roland Haitz, age 80, Pioneer of the Solid-State Lighting Revolution
Dr. Roland Haitz, a pioneer of the solid-state lighting revolution and an engine of innovation throughout his career, has passed away at the age of 80 at his home in Portola Valley, California. He is survived by his wife of 49 years, Bente Haitz, his two children and three grandchildren.
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Luger Research and Messe Muenchen Announce Strategic Partnership
Luger Research, publisher of LED professional and organizer of the LED professional Symposium +Expo (LpS), entered into a long-term partnership with Messe Muenchen, organizer of electronica, productronica and other international trade shows in the field of New Technologies. The strategic partnership is a long-term event and knowledge cooperation in the fields of Solid-State-Lighting, electronics and smart controls.
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Investment Group Acquires Bridgelux and Bridgelux Spins Off Xenio for Smart Lighting
Bridgelux, a leading developer and manufacturer of solid state lighting (SSL) technologies, announced it has entered a definitive agreement to be acquired by an investment group led by the China Electronics Corporation (CEC), and ChongQing Linkong Development Investment Company. Established in 1989, CEC controls 61 second-level subsidiaries, including 13 listed holding companies. With over 70,000 employees, CEC is one of the largest IT companies in China. In conjunction with the sale of Bridgelux to the investment group led by CEC, Bridgelux also announced that the Board of Directors has approved a plan to spin off its Smart Lighting LED platform business under the name of Xenio Corporation. Read more »
Monolithic Power Systems Signs Digi-Key to Expand Globally
Monolithic Power Systems (MPS) (Nasdaq: MPWR), a leading company in high-performance power solutions, announced today that MPS has signed a distribution agreement with Digi-Key Electronics, a leading, global, full-service provider of electronic components, for the promotion and sale of MPS products worldwide. MPS' mission is to reduce total energy consumption in its customers' systems with green, practical, compact solutions. Read more »
Schukat's Offers "All-in-One" LED Lighting Bundles
Customers who want "all-in-one" lighting bundles benefit from time savings and customised product kits, bringing together LEDs from Bridgelux, heat sinks from MechaTronix, MeanWell power supplies, accessories like heat transfer compounds and LED holders and the expertise needed for heat sink calculations. With these bundles, Schukat offers a new kind of supports to their clients.
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