Business & Event News

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 »
Business News | Dec 17, 2010
Rubicon Technology Opens State-of-the-Art Sapphire Polishing Facility in Malaysia
Rubicon Technology, a leading provider of sapphire substrates and products to the LED, RFIC, Semiconductor, and Optical industries, today announced the opening of the company's first facility outside of the United States in Penang, Malaysia. The state-of-the-art facility will be responsible for the labor-intensive crystal polishing processes significantly expanding Rubicon's capacity for high quality, large diameter polished wafer production. Read more »
Business News | Dec 15, 2010
LG Innotek and Zumtobel Group Conclude LED Cooperation Agreement
LG Innotek, a subsidiary of the Korean LG Group, and the Austrian lighting company Zumtobel Group have concluded a cooperation agreement in the field of LEDs. The aim of cooperation is to transfer the successful high volume business in LED backlights for LCD screens to the field of professional lighting. Read more »
Business News | Dec 02, 2010
Soitec and Sumitomo Electric Announce Collaboration on Development of Engineered GaN Substrates
Soitec, the world’s leading supplier of engineered substrates and Sumitomo Electric Industries, Ltd., a leading worldwide provider of compound semiconductor materials, announced today they are working together to develop engineered gallium nitride (GaN) substrates. The alliance will draw on Sumitomo Electric’s sophisticated GaN wafer manufacturing technology and Soitec’s unique Smart Cut™ layer transfer technology by which ultra-thin GaN layers are transferred from a single GaN wafer to produce multiple, engineered GaN substrates. The engineered substrates retain the original, high crystalline quality of Sumitomo Electric’s GaN wafer at a lower cost. This technology will therefore facilitate widespread use of GaN substrates in applications like high brightness LEDs as well as electric power devices designed for hybrid and full electric vehicles. Read more »
Business News | Dec 01, 2010
WalesOnline.co.uk Announced £5.1m Deal from Enfis to Take over PhotonStar
SWANSEA-based lighting technology company Enfis has announced plans to acquire LED firm PhotonStar in a £5.1m deal. The company intends to finance the deal with a placing of 5m new shares and is looking to raise a further £2m with the placing of a further 19.79m shares. These placings will need to be approved by a meeting of shareholders on December 23. Read more »
Business News | Nov 30, 2010
Optogan Opens Largest LED Production in Eastern Europe
Optogan Opens Largest LED Production in Eastern Europe Deputy Prime Minister of the Russian Federation Sergey Ivanov today unveiled Optogan’s new manufacturing plant in St. Petersburg. With an overall investment of 3.35 billion rubles (80 million euros) it is the largest LED component and module factory in Eastern Europe & CIS. The factory, which will employ up to 800 people, covers 15,000 m2 of floor space 5,000 m2 of which is taken up by a clean room environment. The first production line has an annual production capacity of 360 million LEDs and further capacity extensions are scheduled. Read more »
Business News | Nov 29, 2010
AZZURRO Semiconductors Expands with 14.5 Million Euro from Global Investors
AZZURRO Semiconductors announced the closing of a growth financing round providing production capacity to address significant market demand. The EUR 14.5 million investment round was provided by new investors Wellington Partners, Good Energies and Emerald Technology Ventures and was joined by existing investors Cedrus Private Equity and IBG Innovationsfonds (managed by GoodVent). Read more »
Business News | Nov 24, 2010
Panasonic Electric Works Vossloh-Schwabe Establishes New Company in Republic of Serbia to Manufacture Energy-efficient Electronic Devices for Lighting Equipment
Panasonic Electric Works Vossloh-Schwabe GmbH (head office: Lüdenscheid, Germany, CEO: Klaus Breisch) established a new company in Svilajnac, the Republic of Serbia, to manufacture energy-efficient electronic devices for lighting equipment. The new company is named Panasonic Electric Works Vossloh-Schwabe Serbia d.o.o. The investment amount in the financial year 2010 is approx. EUR 580,000. Mass production will commence in January 2011, to enhance lighting device business in Europe, where energy efficiency improvement efforts are well under way. Read more »
Business News | Nov 23, 2010
Since Three Years, Xicato LED Modules are the First Lighting Products that were Selected as One of BuildingGreen’s Top 10 Products of the Year
Since Three Years, Xicato LED Modules are the First Lighting Products that were Selected as One of BuildingGreen’s Top 10 Products of the Year Xicato has been selected as one of BuildingGreen’s Top-10 products of the year by the editors of Environmental Building News and GreenSpec®. This ninth annual award recognizes the most innovative and exciting green building products. The Xicato award is the first lighting product to be selected since 2007 due to its efficiency and light quality – the combination providing a “significant advance” according to BuildingGreen’s founder and executive editor Alex Wilson, who describes Xicato as “one of the most exciting companies in the burgeoning LED lighting industry”. Read more »
Business News | Nov 17, 2010
Tridonic Fürstenfeld Launches into the LED Era
The Tridonic production plant in Fürstenfeld, which manufactures magnetic lighting components and is part of the Zumtobel Group, is launching into the LED era and today commissioned its first LED assembly line. The highly automated line represents an initial step towards the volume production of innovative LED chains. Plans envisage commissioning up to three more LED assembly lines by 2013. Annual production capacity is slated to reach 12 million LED modules. The new LED assembly lines represent a total investment of EUR 1.5 million. The plant offers space for expansion to as many as six assembly lines. Production of special LED light engines for use in chiller cabinets has already begun. Read more »
Business News | Nov 17, 2010
Edison-Opto Corporation with Holders Technology plc
Edison-Opto Corporation with Holders Technology plc Edison-Opto Corporation and Holders Technology plc are pleased to announce their European partnership for the marketing and distribution of high-powered LEDs in Europe. Holders Components (part of the Holde s Technology Group) will service all existing and new European customers from its logistics centres in Frankfurt, Germany and the North and South of the UK. Read more »
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