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Business | Company News | Divestment | Oct 21, 2020
Cree to Sell LED Business to SMART Global Holdings, Inc. for up to $300 Million
Cree to Sell LED Business to SMART Global Holdings, Inc. for up to $300 Million Cree, Inc. today announced that the Company has entered into a definitive agreement to sell its LED Products business unit ("Cree LED") to SMART Global Holdings, Inc. for up to $300 million, including fixed upfront and deferred payments and contingent consideration. Upon closing, creates a pure-play global semiconductor powerhouse focused on providing disruptive technology solutions to high-growth segments including EV, 5G and industrial applications. Read more »
Business | Distributor News | Osram | Sep 19, 2020
Blue High-Power Laser Diodes from Osram for Show, Point and Line Lasers
Blue High-Power Laser Diodes from Osram for Show, Point and Line Lasers Multi Mode in the InGaN portfolio: The blue multi-mode laser diodes PLPT5 447KA and 450KA from Osram Opto Se- miconductors are available as 1.6 and 2.2 Watt versions with a wavelength of 447 nm. The indium-gallium-nitride diodes are edge emitters, which are built into a hermetically sealed TO package. The high-power lasers in the Metal Can® TO56 package are an efficient radiation source and offer a high modulation bandwidth. Read more »
Business | Business News | Company News | Partnerships | Jun 15, 2020
Panasonic Lighting Americas and Pointr Join Forces to Offer End-to-End Connected Deep Location Lighting Solutions
Panasonic Lighting Americas and Pointr Join Forces to Offer End-to-End Connected Deep Location Lighting Solutions Panasonic Lighting Americas, Inc., recently announced a strategic solution partnership with Pointr, a leader in deep location platforms. The new partnership enables an offering of end-to-end connected lighting solutions, paired with real-time location-based services, to address the convergence of physical spaces with the virtual world. Read more »
Business | Event News | Event Announcement | Light+Building | May 06, 2020
New Date: Light + Building Will Be Held Again in Its Normal Sequence in 2022
New Date: Light + Building Will Be Held Again in Its Normal Sequence in 2022 In view of the world-wide situation caused by the Corona pandemic, and the prohibitions on events and travel restrictions associated with it, Messe Frankfurt has decided, jointly with its partners – ZVEI and ZVEH – and with the Trade Fair Advisory Council, to defer the eleventh Light + Building and to hold it, in accordance with its normal sequence, from 13 to 18 March 2022. Read more »
Business | Company News | Divestment | Apr 29, 2020
LG Innotek Sells off LED Business
LG Innotek Sells off LED Business According to THE ELEC, Korea Electronics Industry Media, and other industry sources, on April 21, LG Innotek has sold off its LED business, with Wooree E&L and Seoul Semiconductor taking over the BLU LED sales rights. Read more »
Smart Lighting + IoT | Business | Company News | Partnerships | Apr 01, 2020
Lutron, Cree Lighting Collaborate to Expand Connected Lighting Solutions in U.S. Market
Lutron, Cree Lighting Collaborate to Expand Connected Lighting Solutions in U.S. Market Lutron Electronics, the industry leader in smart, scalable lighting control solutions, and Cree Lighting, a global market leader in innovative LED lighting solutions, are teaming up to introduce a variety of new connected lighting products to the market: Cree Lighting indoor and outdoor fixtures offered with Lutron wired and wireless digital fixture control technologies. Read more »
Business | Company News | Acquisition | Partnerships | Mar 24, 2020
Ecosense Enters Replacement LED Lamp Business by Buying Soraa Shares
Ecosense Enters Replacement LED Lamp Business by Buying Soraa Shares Ecosense®, a leading LED technology company, announced today that it has acquired assets from Soraa, a designer and manufacturer of full-spectrum LED lamps based in Fremont, California. Under the terms of the deal, Ecosense acquires the Soraa name, intellectual property and lamps, including the company's signature VIVID, BRILLIANT™ HL and HEALTHY™ product lines. This move is the first foray into the professional lamp category for Ecosense. Read more »
Business | Event News | LpS/TiL 2020-2021 | Mar 02, 2020
LpS/TiL 2020 Cancelled
LpS/TiL 2020 Cancelled DORNBIRN, Austria, February 26, 2020 – In light of the recent postponement of Light + Building to September 2020 and due to the spread of the coronavirus, the organizer of LpS 2020 and TiL 2020, Luger Research e.U. has had to make the decision to cancel the LpS/TiL 2020 events. Read more »
Business | Event News | Light+Building | Feb 25, 2020
Postponed: Light + Building To Be Held in September 2020
Postponed: Light + Building To Be Held in September 2020 In view of the increasing spread of the coronavirus in Europe and after intensive consultations, Messe Frankfurt has decided to postpone Light + Building. The world's leading trade fair for lighting and building-services technology will now be held in Frankfurt am Main between the middle and end of September 2020. The cooperation partners of the international trade fair, ZVEI and ZVEH, support this decision. Read more »
Business News | Events | Webinar | Event News | Feb 24, 2020
WEBINAR (May 14th): How to Achieve Better Products to the Eye Through Virtual Prototyping?
WEBINAR (May 14th): How to Achieve Better Products to the Eye Through Virtual Prototyping? In the CADFEM webinar on May, 14, 2020 you will learn, how physics-based simulations - virtual prototyping - contribute to develop better lighting products. The live presentation pictures the whole process - from editing the geometric model to the definition of light sources and sensors to the use of material properties and simulation modes. Read more »
Smart Lighting + IoT | Business | Company News | Partnerships | Jan 22, 2020
CASAMBI Extends Technology Partnership with Osram
CASAMBI Extends Technology Partnership with Osram Casambi®, the pioneer and market leader in wireless lighting controls and networks based on Bluetooth Low Energy, is deepening its technology partnership with OSRAM. An agreement has been signed that will see Osram leverage the benefits of Casambi's class-leading embedded Bluetooth module and software technology. The move will act as a solid base to develop further intelligent Casambi-ready hardware, as well as lighting control software solutions for the professional lighting market. Read more »
Business | SSL | Award | Dr. Shuji Nakamura | Jan 09, 2020
University of Louisville 's 2019 Leigh Ann Conn Prize for Renewable Energy Laureate Goes to Dr. Shuji Nakamura
University of Louisville 's 2019 Leigh Ann Conn Prize for Renewable Energy Laureate Goes to Dr. Shuji Nakamura The world-leading pioneer in sustainable energy technology Shuji Nakamura, PhD, professor of Materials at University of California Santa Barbara, has won the 2019 Leigh Ann Conn Prize for Renewable Energy from the University of Louisville. The prize recognizes outstanding renewable energy ideas and achievements with proven global impact. Read more »
Business | Event News | LpS | TiL | Zhaga | Jan 09, 2020
Zhaga Summit – September 23rd in Bregenz
Zhaga Summit – September 23rd in Bregenz Luger Research and Zhaga are proud to announce that the 2020 LpS/TiL conference will host a Zhaga Summit. This one-day event will provide application-driven introductions to the latest Zhaga standards, review their market reception, and solicit inputs from the specifier community through workshops. Read more »
Business | Company News | Partnerships | HCL | Dec 11, 2019
CIRCADIAN ZircLight and Acuity Brands Announce Strategic Partnership
CIRCADIAN ZircLight and Acuity Brands Announce Strategic Partnership CIRCADIAN ZircLight Inc. today announced a strategic partnership with Acuity Brands, Inc (NYSE:AYI) which will bring to the North American lighting market spectrally-engineered Zirc™ LED lights that boost human performance, health and well-being by entraining our natural circadian rhythms to mitigate the issues associated with circadian disruption. Read more »
Business | Company News | Dec 02, 2019
LEDiL Makes Key Leadership Changes
LEDiL Makes Key Leadership Changes Finnish optics specialists make key changes to the leadership team. Petteri Saarinen has been appointed as the new CEO of LEDiL, a leading company in the global LED secondary optics market. Petteri Saarinen has more than 20 years of operational and international experience within several different companies. His most recent position was in the Finnish inductive energy solutions firm Trafotek. Read more »
Organization News | Circular Economy | LightingEurope | Business | Nov 14, 2019
EUROPEANS’ FAVOURITE PRODUCTS: Contributing to the Circular Economy
EUROPEANS’ FAVOURITE PRODUCTS: Contributing to the Circular Economy Europe is known for its high quality and innovative products backed by a growing regulatory framework. This years-long knowledge and experience together with the EU institutional change put us now in an excellent position to reflect and ensure the framework delivers and is tailored to accelerating Europe’s circular economy transition. Read more »
Business | Company News | Partnerships | Smart Cities | Services | Oct 29, 2019
Tridonic and NMB-Minebea-GmbH Sign Partnership Agreement
Tridonic and NMB-Minebea-GmbH Sign Partnership Agreement Tridonic, a world-leading supplier of lighting technology, and NMB-Minebea-GmbH, which is part of the MinebeaMitsumi group, the major producer of machinery components and electronics devices, have signed a contract to form a strategic partnership. The partnership aims to develop intelligent outdoor lighting solutions for Smart Cities. Read more »
Business | Company News | Investment | Acquisition | Oct 16, 2019
Signify to Acquire Cooper Lighting Solutions to Strengthen Position in North America
Signify to Acquire Cooper Lighting Solutions to Strengthen Position in North America Signify, the world leader in lighting, today announced that it has entered into a definitive agreement with Eaton to acquire Cooper Lighting Solutions for USD 1.4 billion (approx. EUR 1,270 million) in cash. Closing is subject to regulatory approvals and other customary conditions and is expected to take place in the first quarter of 2020. Read more »
Smart Lighting + IoT | Business | Company News | Investment | Aug 23, 2019
Ensto Acquires new Business from Mount Kelvin – Ensto Workspaces Revolutionizes Employee Experience
Ensto Acquires new Business from Mount Kelvin – Ensto Workspaces Revolutionizes Employee Experience Ensto has acquired Workspaces business from Mount Kelvin. Ensto Workspaces is a smart lighting control solution that improves employee experience by making light personalized. Ensto has acquired Workspaces business from control system supplier Mount Kelvin, while also investing in Mount Kelvin. Ensto continues to develop the innovative lighting control solution now called Ensto Workspaces. Read more »
Featured | Business | Company News | Branding | UV-LEDs | IR-LEDs | Aug 12, 2019
Nationstar Overall Layout in UV LED Market
Nationstar Overall Layout in UV LED Market In August 2018, Nationstar set up the Non-visual Light Source Business Division, focusing on IR LED, UV LED, animal and plant lighting. Nationstar has been fully laid out on UVA/UVB/UVC. Since 2016, Nationstar has launched near-ultraviolet LED, deep-ultraviolet LED and modules, with wide wavelength range, high reliability and good feedback in the market. At present, we have established partnerships with many well-known manufacturers. Read more »
Business | Company News | Divestment | Mar 21, 2019
Another LED Manufacturer Drops Its Lighting Unit: Cree to Sell Lighting Business to Ideal Industries
Another LED Manufacturer Drops Its Lighting Unit: Cree to Sell Lighting Business to Ideal Industries Cree, Inc. announces the execution of a definitive agreement to sell its Lighting Products business unit ("Cree Lighting"), which includes the LED lighting fixtures, lamps and corporate lighting solutions business for commercial, industrial and consumer applications, to IDEAL INDUSTRIES, INC. for approximately $310 million before tax impacts, including up-front and contingent consideration and the assumption of certain liabilities. Cree expects to receive an initial cash payment of $225 million, subject to purchase price adjustments, and has the potential to receive a targeted earn-out payment of approximately $85 million based on an adjusted EBITDA metric for Cree Lighting over a 12-month period beginning two years after the transaction closes. Read more »
Business | Company News | Acquisition | Mar 13, 2019
Delta Acquires Lighting Solution Brand Amerlux To Enhance its IoT-based Green Solutions for Smart Buildings and Cities
Delta Acquires Lighting Solution Brand Amerlux To Enhance its IoT-based Green Solutions for Smart Buildings and Cities Delta Electronics, Inc. (hereinafter referred to as "Delta"), a global provider of power and thermal management solutions, and Amerlux, LLC (hereinafter referred to as "Amerlux"), a U.S.-based LED architectural lighting solutions company, today announced the signing of a definitive agreement pursuant to which Delta Electronics (Netherlands) B.V., a wholly-owned subsidiary of Delta, will acquire 100% of Amerlux's interests for USD 90,000,000 (approx. NTD 2,769,300). The transaction is expected to close during the second quarter of 2019. The aforementioned agreement includes an earn-out mechanism in which Delta will pay an additional pre-established amount for the transaction should Amerlux's 2019 EBITDA(1) and revenue reach a predetermined target. Read more »
Business | Company News | Partnerships | LiFi | Feb 21, 2019
Zumtobel Teams Up with pureLiFi To Step Into the Wireless Enterprise Network Market
Zumtobel Teams Up with pureLiFi To Step Into the Wireless Enterprise Network Market Zumtobel, one of the European market leaders for professional lighting and associated services, is striving for the use of their innovative LED solutions to empower the latest in wireless technologies called LiFi. The newest trial, conducted in partnership with pureLiFi, uses LED lights to send large amounts of data while appearing as normal LED light to the human eye. The LiFi trial reflects a series of moves by Zumtobel to evolve lighting beyond its core function of pure illumination and solve challenges for high-speed secure wireless connectivity. Read more »
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