Company News

Company News | Nichia | Oct 06, 2018
Dr. Ulf Meiners, New Managing Director at Nichia Chemical Europe GmbH
Dr. Ulf Meiners, New Managing Director at Nichia Chemical Europe GmbH Nichia Chemical Europe GmbH announced in a meeting with LED professional at LpS Bregenz that Dr. Ulf Meiners, has assumed the position Managing Director in October 2018. Dr. Meiners has more than 20 years of experience in semiconductor development and manufacturing. He is bringing with him to Nichia this experience in his previous role as Managing and Technical Director for a Compound Semiconductor Development and Production company. Read more »
Smart Lighting + IoT | Human Centric Lighting | Business | Company News | Partnerships | Oct 19, 2018
Legrand® and Lumileds Partner to Accelerate Adoption of Tunable White LED Lighting
Legrand® and Lumileds Partner to Accelerate Adoption of Tunable White LED Lighting Legrand, North & Central America and Lumileds today announced a partnership agreement that will bring to market a simple to integrate and easy-to-install plug and play solution that delivers high quality tunable-white light. Under this agreement, Lumileds will provide intelligent light sources (LUXEON-based solutions) through its award-winning Matrix Platform that are uniquely characterized and programmed to work with Legrand’s Wattstopper® Wattstopper® blanco® tunable-white logic modules within the Wattstopper Digital Lighting Management (DLM) lighting controls solution. Lumileds joins existing Legrand partnerships in tunable-white light engine as the exclusive LED array provider. Read more »
Company News | Business | Financial | Nov 14, 2018
Osram Sharpens Focus on Digital Future
Osram Sharpens Focus on Digital Future Comparable revenue increased almost 2% to €4.1 billion in fiscal year 2018. Despite economic challenges and a difficult market environment, Osram held its ground in fiscal 2018 and increased its revenue slightly on a comparable basis. Read more »
Business | Company News | Partnerships | microLEDs | GaN-on-Si | Nov 19, 2018
EV Group Partners with Plessey To Drive GaN-on-Silicon Monolithic microLED Technology
EV Group Partners with Plessey To Drive GaN-on-Silicon Monolithic microLED Technology Plessey, a leading developer of award-winning optoelectronic technology solutions, announces a collaboration with EV Group (EVG), a leading supplier of wafer bonding and lithography equipment for the MEMS, nanotechnology and semiconductor markets, to bring high-performance GaN-on-Silicon (GaN-on-Si) monolithic microLED technology to the mass market. microLEDs are the key optical technology for next-generation AR applications. Read more »
Business | Company News | Branding | Partnerships | Human Centric Lighting | Feb 07, 2019
Lighting Science Spins off Biological Lighting Business Into Healthe Inc.
Lighting Science Spins off Biological Lighting Business Into Healthe Inc. Lighting Science Group announces the launch of Healthe Inc. whose mission is to create environments where light is an active component of one's health. Healthe is carrying forward the Lighting Science legacy, utilizing its core technology and intellectual property to create circadian solutions that support the health, well-being and performance of people through their built environments. The company is launching an extensive line of new commercial products as well as incorporating the consumer products that made Lighting Science the leading circadian lighting company of the past decade. Read more »
Business | Company News | Bilton | News-Spot | Feb 19, 2019
Patrick Mueller is Leaving Bilton
Patrick Mueller is Leaving Bilton Patrick Mueller, founder of the light specialist, Bilton, will be working at the company until the end of March, at which time he will hand over his duties to his successor. He will remain loyal to the company by being available as an external consultant. 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 »
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 | 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 News | News-Spot | Siteco | Jun 26, 2019
Osram Sells the SITECO Luminaires Business to Stern Stewart Capital
Osram Sells the SITECO Luminaires Business to Stern Stewart Capital Osram has found a new owner for the Siteco luminaires business in Stern Stewart Capital. Stern Stewart Capital intends to continue the current transformation approach. Separation from Osram gives Siteco entrepreneurial freedom. The cost situation is also improved with the elimination of previous Group structures. With the sale of the luminaires business, Osram is continuing its transformation to a high-tech company. Read more »
Business News | Company News | MOSO | Aug 13, 2019
The Head of the Seven Wonders - Beijing Daxing International
The Head of the Seven Wonders - Beijing Daxing International Airport is completed, which use of MOSO LUP series LED Drivers. According to the 2016 “Guardian” selected the Seven Wonders of the New World, China has taken two seats. One is the Zhuhai-Hong Kong-Macau Bridge, and the other is the top-ranked Beijing Daxing International Airport! 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 »
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 »
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 News | Osram | Nov 14, 2019
Osram Recommends Current Takeover Offer from ams
Osram Recommends Current Takeover Offer from ams Osram has concluded a comprehensive business combination agreement with ams and recommends its shareholders accept the current takeover offer. "After intensive negotiations, we have agreed on many decisive framework conditions for the future of Osram and our employees," said Olaf Berlien, CEO of OSRAM Licht AG. "The most important thing is that the employees at German locations are protected from merger-related layoffs until the end of 2022.” In addition, the strong Osram brand is to be reflected in the company name of the new group. The sensor specialist ams explicitly supports the photonics strategy of Osram. Read more »
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