Business News Archive

Business News | Jul 30, 2010
Lighting Science Group and Office for Visual Interaction - New York City Lights Prototyping Contract
Lighting Science Group and Office for Visual Interaction - New York City Lights Prototyping Contract Lighting Science Group Corporation (OTCBB: LSCG) (“LSG”), a developer and integrator of intelligent LED lighting solutions, and the Office for Visual Interaction, Inc. (“OVI”), a global architectural lighting design innovator, announced today that the companies have been selected by The New York City Department of Design and Construction (DDC) to engineer, produce and test the winning design of the City Lights Design Competition. Read more »
Business News | Jul 30, 2010
Premier Farnell’s $100,000 Live EDGE Competition Now Open for Registration
Premier Farnell plc (LSE:pfl), the leading multi-channel, high service distributor and its companies (Farnell, Newark, Premier Electronics, Farnell-Newark CPC, and MCM), today announced that design entries are now being accepted at www.Live-EDGE.com for the international design competition, Live EDGE – Electronic Design for the Global Environment. The competition invites electronic design engineers, students and hobbyists to design products utilizing electronic components, which will positively impact the environment. Read more »
Business News | Jul 30, 2010
Cree and Zumtobel Announce Strategic Agreement for LED Downlights in Europe
Cree and Zumtobel Announce Strategic Agreement for LED Downlights in Europe Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, announces a long-term strategic agreement with the Austrian Zumtobel Group, a global market leader in the professional lighting industry and listed on the Vienna stock exchange, to supply LED downlights to the European market. The minimum first-year sales target is 50,000 LR6-230V luminaires. This accelerates the business relationship, which is anticipated to expand into other high-volume lighting categories in 2009. Read more »
Business News | Jul 30, 2010
ON Semiconductor Corporation Completes Acquisition of Catalyst Semiconductor, Inc.
ON Semiconductor Corporation (Nasdaq: ONNN) announced today that it has, effective today, completed its acquisition of Catalyst Semiconductor, Inc. (Nasdaq: CATS) in a stock-for-stock merger. Under the terms of the merger agreement, Catalyst stockholders have generally received 0.706 shares of ON Semiconductor common stock for each share of Catalyst common stock they own. Read more »
Business News | Jul 30, 2010
Aluwave AB Pushes Activities in LED Lighting Technology
Aluwave AB signed a development and supply contract for a light engine based on its LED-bearer material Alunat™ and OLP has now signed a development agreement with Aluwave to develop a LED-based light engine for their range of products. Read more »
Business News | Jul 30, 2010
EU Ban on Incandescent Lamps Will Help Consumers and the Climate
EU Ban on Incandescent Lamps Will Help Consumers and the Climate The replacement of 3.5 billion incandescent lamps installed throughout Europe will lead to a reduction in the power consumed by lighting systems by more than 30 percent. “The decision by the EU will help protect the climate and will help consumers reduce their electricity costs”, said Martin Goetzeler, CEO of OSRAM. Read more »
Business News | Jul 29, 2010
Osram Enters Joint Venture with Traxon Technologies
Osram is strengthening its portfolio in the field of professional LED lighting systems and solutions by setting up a joint venture with Traxon Technologies Ltd., Hong Kong. The new company, in which Osram has the majority shareholding, is one of the leading providers in the fast-growing market for LED technology in the field of architectural, hospitality and shop lighting. Read more »
Business News | Jul 29, 2010
Rapid Growth of IST Lighting’s Strategic Partner Network
IST Lighting has announced the latest additions to its rapidly expanding strategic partner network to distribute its industry-leading LED downlighters, iDrive™ LED drivers and other lighting products in target territories across Europe and beyond. Read more »
Business News | Jul 29, 2010
Traxon's Mesh RGB Receives the "Red Dot Award 2009"
Traxon's Mesh RGB Receives the "Red Dot Award 2009" Since receiving the first red dot award in 2003, followed by numerous other prestigious awards, Traxon has once again been rewarded for its outstanding product: Traxon's Mesh RGB, a modular system of LED modules, has received the red dot distinction for high design quality in the product design category. Read more »
Business News | Jul 29, 2010
Philips Lumileds joins California Lighting Technology Center Affiliate Program
Philips Lumileds today announced that it has joined the California Lighting Technology Center as an affiliate member. As a member of the CLTC, Philips Lumileds is working with luminaire manufacturers to develop market ready LUXEON LED based applications that meet the energy efficiency and lighting quality levels required to meet EnergyStar(r) and similar regional and national guidelines. Read more »
Business News | Jul 29, 2010
Philips Acquires Lighting Controls Company Dynalite in Australia
Royal Philips Electronics (AEX: PHI, NYSE: PHG) announced today that it has acquired Dynalite, a leading maker of lighting controls headquartered in Sydney, Australia. Dynalite has become part of the Lighting Electronics business within the Philips Lighting sector. Financial details of this agreement were not disclosed. Read more »
Business News | Jul 29, 2010
Future Lighting Solutions Adds LED Drivers from ROAL Electronics
Future Lighting Solutions announced today that it has become the first worldwide distributor of advanced LED drivers from Italy’s ROAL Electronics. The agreement will make ROAL’s compact, high-efficiency, flicker-free, dimmable drivers readily available to designers and engineers building solid-state lighting applications around the globe. Read more »
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