Business News
Business & Events
Acquisition | Business
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Sep 03, 2021
EGLO Took Over the Majority of Bartenbach
On August 24, 2021 the company EGLO acquired the majority of the Bartenbach Holding. EGLO is a family owned business with more than 50 years of history and is credited as being the largest residential lighting supplier in Europe.
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Acquisition | wtec | Trilux | Business
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Jul 21, 2021
TRILUX is Investing 25.1% in the IT Expert wtec
Future-proof properties have a powerful building management system that brings together, monitors and controls all trades. In order to simplify the integration of lighting into the hardware and software infrastructure of digitalised buildings, TRILUX is investing in the IT expert wtec. The company specialises in building automation and IT infrastructure. One innovative solution in the portfolio is smartengine technology, with which the complete lighting network can be implemented via the data cabling and seamlessly integrated into the building management system. This makes complex building infrastructures obsolete and lays the foundation for individual Human Centric Smart Lighting that combines maximum efficiency with user orientation.
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Business | LightingEurope | Renovation Call
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Jul 15, 2021
Renovate Lighting for More Energy Savings
LightingEurope welcomes the publication of the EU ‘Fit for 55’ package today, which transforms the EU’s ambition to deliver 36-39% of energy efficiency savings for final and primary energy consumption by 2030 into binding legislation.
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Business | Signify | Telensa
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Jul 07, 2021
Signify Expands Offering for Smart Cities by Acquiring Telensa
Signify (Euronext: LIGHT), the world leader in lighting, announces today that it acquired Telensa Holdings Ltd, a UK-based expert in wireless monitoring and control systems for smart cities. With Telensa, Signify adds a narrow-band and TALQ-compliant solution to its feature-rich, open and secured systems. This will enable Signify to service a broader group of customers, by making smart city infrastructure affordable to cities utilizing the unlicensed radio space. Telensa will continue to sell its systems under its own brand name.
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Business | LightingEurope
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Jun 23, 2021
LightingEurope Advocates for All Building Renovations to Include an Upgrade of Lighting Installations
With its Renovation Wave Initiative (RWI), the European Union (EU) intends to at least double the rate of building renovations in Europe over the next 10 years. In doing so, the European Commission hopes to reignite Europe’s economy for a post-pandemic world and ensure that the EU meets its Green Deal climate objectives of reducing net greenhouse gas emissions by at least 55 % by 2030 and becoming climate neutral by 2050.
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AcuityBrands | Acquisition | Osram | Business
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Jun 09, 2021
Acuity Brands Acquires the ams OSRAM Digital Systems Business in North America
Acuity Brands, Inc. (NYSE: AYI) (“Acuity”) a leading industrial technology company announced it has signed a definitive agreement to purchase ams OSRAM’s North American Digital Systems (DS) business. Acuity’s ownership of ams OSRAM’s North American DS business will bring a strategic fit and perspective to customers and associates, and a growth strategy for the business. Acuity expects the transaction to close during the summer of 2021.
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L-Prize | DOE | Business
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Jun 01, 2021
DOE Announces New L-Prize for Next Generation LED Lighting
The Lighting Prize (L-Prize) is designed to advance the U.S. clean energy economy for next-generation LED lighting, encouraging innovators and researchers to engage in advanced lighting system development that leads to transformative designs, products, and impact. The L-Prize will reward innovations that move rapidly to improve lighting performance, resulting in energy, carbon, and cost savings for American businesses and consumers.
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Lumileds | Sustainability | Business
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May 20, 2021
Lumileds 2020 Sustainability Report
Lumileds, a global leader in innovative lighting solutions, has released its 2020 Sustainability Report that details the company’s progress in supporting the transition to a low-carbon and sustainable economy. In the report, Lumileds highlights how its lighting solutions contribute to positive changes in energy usage, safety, and health and well-being, supporting the company’s commitment to making the world safer, more sustainable, and beautiful with light.
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Business | Acquisition | Dialog Semiconductor | Renesas
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May 17, 2021
Renesas and Dialog Semiconductor to Join Forces to Advance Global Leadership in Embedded Solutions
Renesas Electronics Corporation (“Renesas”, TSE: 6723), a supplier of advanced semiconductor solutions, and Dialog Semiconductor Plc (“Dialog”, XETRA:DLG), a provider of power management, charging, AC/DC power conversion, Wi-Fi and Bluetooth® low energy (BLE) technology, announced they have reached an agreement on the terms of a recommended all-cash acquisition by Renesas of the entire issued and to be issued share capital of Dialog (the “Acquisition”) for EUR 67.50 per share, representing a total equity value of approximately EUR 4.9 billion (approximately 615.7 billion yen).
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Luminell | Business
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Apr 21, 2021
Glamox Acquires Luminell
Glamox AS has entered into an agreement to acquire 100% of the shares in the Norwegian company Luminell Group AS.
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Business | Fagerhult
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Apr 20, 2021
Fagerhult Group Acquires Seneco
To strengthen our connectivity offering for outdoor environments, the Fagerhult Group has acquired the remaining 80% shares in Seneco A/S.
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Business | LEDCity | Fundings
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Apr 12, 2021
Funding: LEDCity Secured CHF 2 Million
LEDCity, a Zurich, Switzerland-based producer of autonomous lighting systems, announced completing a CHF 2M ($2.1M) capital funding round. The money was raised from local investors from Switzerland, including angel investors via SICTIC.
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LightingEurope | Renovation Call | Business
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Apr 07, 2021
LightingEurope Reiterates its Call to Accelerate Renovation of Lighting
LightingEurope reiterates its call on national governments across Europe and on EU institutions to redouble their efforts and further accelerate renovation across Europe.
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Business | Seoul Viosys | Earnings
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Apr 06, 2021
Seoul Viosys Records Historical High First Quarter Earnings
Seoul Viosys Co., Ltd. (KOSDAQ 092190), a leading global compound semiconductor provider, today announced that despite low seasonality, it achieved the highest first quarter sales of all time (preliminary sales announcement).
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Business
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Mar 18, 2021
Atar Capital Acquires Universal Lighting Technologies and Douglas Lighting Controls from Panasonic Corporation
Atar Capital, a Los Angeles-based global private investment firm, announced today it has completed the acquisition of Universal Lighting Technologies and Douglas Lighting Controls from parent company, Panasonic Corporation. Both North American companies are market leaders in the industry, recognized for their award-winning commitment to quality and innovation in digital lighting design that provides end-to-end vertical lighting ecosystems.
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Business | Featured | Events
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Mar 11, 2021
deLIGHTed Talks: Good Light – Good Life | May 11th, 3 PM CEST
The Good Light Group, together with the Society for Light Treatment and Biological Rhythms (SLTBR), the Daylight Academy (DLA), the International Association of Lighting Designers (IALD), and Luger Research (LR), are organizing and presenting the “Good Light – Good Life” lectures. The webinar explains how good light indoors contributes to health and well-being.
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Business | Digi-Key | On-Semiconductor
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Mar 10, 2021
Digi-Key Electronics Named ON Semiconductor Global High Service Distributor of the Year
Digi-Key Electronics, the leading global electronic components distributor, was named ON Semiconductor’s Global High Service Distributor for 2020. This is the second year Digi-Key has been recognized with the Global High Service Distribution Partner Award, which honors the distributor that led channel sales, grew market share, captured increased sales of products and scored highly on overall process excellence in the evolving semiconductor market.
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Business | Featured | Cree LED
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Mar 04, 2021
New Name. New breakthroughs. All LED.
SMART Global Holdings, Inc. announced that it has completed its acquisition of Cree, Inc.’s (NASDAQ:CREE) Cree LED Products business unit (“Cree LED”).
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Business | Glamox
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Mar 03, 2021
Glamox has Acquired UK-based Wireless Lighting Controls Company
Global lighting specialist Glamox has acquired 100 percent of the shares in UK-based company LiteIP Limited. LiteIP is located in Southampton and designs, manufactures and supplies wireless lighting control systems.
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Business | Company News
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Feb 23, 2021
Wästberg Announces Investment by XAL
Wästberg, the Swedish lighting company founded by Magnus Wästberg in 2008, has announced a new partnership with XAL, the Austrian lighting specialists. The move sees Magnus Wästberg and XAL buy-out the founding shareholders and XAL becoming the sole minority partner in the business.
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Business | Company News | Smart Lighting
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Feb 22, 2021
World Forum The Hague World’s First Congress Center to Install Trulifi
Signify, the world leader in lighting, and World Forum The Hague, leader in hosting high-profile conferences, announced the world-first installation of Signify's Trulifi in a congress center, ensuring that future conference guests can enjoy the benefits of safe, secure, reliable and high-speed connectivity via light rather than radio waves. World Forum in The Hague, the Netherlands, is known for hosting some of the most high-profile conferences in the world such as the Global Conference on Cyber Security, World Press Freedom Conference and Climate Adaptation Summit 2021. The first installation concerns one meeting room with the potential for more.
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Business
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Feb 20, 2021
Osram Invests in UV LED Specialist Bolb
With its investment in the California-based UV-C LED specialist Bolb Inc., Osram is further expanding its technological know-how of disinfection applications with UV-C light. The future cooperation between the two companies in the field of research will accelerate the industrialization of highly efficient and high-performance UV-C LEDs. Unlike previous solutions, LED-based disinfection systems require very little space and can be installed directly at the point of use - such as in water taps, washing machines or ventilation systems. Space-saving disinfection solutions make an important contribution to combating the coronavirus. According to Allied Market Research, the market for UV disinfection solutions is currently worth around one billion euros. This figure is expected to quadruple by 2027. Market researchers also expect the share of UV-C LED solutions to grow steadily.
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Business | Company News | Merger
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Jan 25, 2021
USHIO and BLV Licht- und Vakuumtechnik GmbH Merge to USHIO Germany GmbH
Ushio Deutschland GmbH, a major European production and distribution base of Ushio Inc., has announced that it will merge with its sister company, BLV Licht- und Vakuumtechnik GmbH, to form a new company called Ushio Germany GmbH, on 1 February 2021.
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Business | Company News | Divestment
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Oct 21, 2020
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.
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Business | Distributor News | Osram
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Sep 19, 2020
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.
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Business | Business News | Company News | Partnerships
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Jun 15, 2020
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.
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Business | Company News | General Electric
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May 29, 2020
GE Selling Century-old Lighting Unit to Smart Home Company Savant Systems
GE is selling its lighting unit to smart home company Savant Systems for an undisclosed amount. General Electric Co. Chairman and CEO H. Lawrence Culp Jr. said in a statement Wednesday that the transaction is part of GE’s ongoing process to be a more focused industrial company.
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Business | Event News | Event Announcement | Light+Building
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May 06, 2020
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.
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Business | Company News | Divestment
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Apr 29, 2020
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.
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Smart Lighting + IoT | Business | Company News | Partnerships
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Apr 01, 2020
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.
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