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onsemi | Acquisition | Business | Mar 10, 2025
onsemi Proposes to Acquire Allegro MicroSystems for USD35.10 Per Share in Cash
onsemi Proposes to Acquire Allegro MicroSystems for USD35.10 Per Share in Cash onsemi (NASDAQ: ON) disclosed details of a proposal submitted to the Board of Directors of Allegro MicroSystems, Inc. ("Allegro") (NASDAQ: ALGM) to acquire the company for $35.10 per share in cash for each share (the “Proposal”) of Allegro’s common stock on a fully diluted basis at an implied enterprise value of $6.9 billion. Read more »
ams Osram | Business | Feb 26, 2025
ams OSRAM Receives EU Commission Approval for an Investment Grant up to €227 million
ams OSRAM Receives EU Commission Approval for an Investment Grant up to €227 million The European Commission today approved funding for a semiconductor manufacturing facility for ams OSRAM AG (SIX: AMS) under the European Chips Act. The official funding approval from the Austrian Ministry of Economy and Labor, which is responsible for the payment of the funding, is now expected shortly. ams OSRAM plans to use the funding of up to €227 million approved by the European Commission to sustainably strengthen the development and production site in Premstaetten. In total, the company plans to invest 567 million euros in the project by 2030, when full production will begin at the headquarters in Styria. Read more »
LightingEurope | Business | Feb 17, 2025
LightingEurope 2024 Online Mystery Shopper Exercise: Shocking Results on Safety and Compliance
LightingEurope 2024 Online Mystery Shopper Exercise: Shocking Results on Safety and Compliance LightingEurope has published the third edition of its Mystery Shopper Exercise, an assessment of the compliance of selected lighting products sold in online marketplaces. This time the scope, which covered 3 lighting product families (LED Strips, G4 lamps on mains and Children’s Night lights) in 4 Online marketplaces (European and non-European) in 5 Member States, went a step further by testing against relevant safety standards. As in previous editions, the results are just as shocking and disappointing. Read more »
Gewiss | Beghelli | Acquisition | Business | Jan 03, 2025
Agreement Signed for the Acquisition of the Beghelli Group
Agreement Signed for the Acquisition of the Beghelli Group As previously communicated to the market through a dedicated press release pursuant to Article 17 of Regulation (EU) 596/2014, available on the Beghelli website and the "Info" regulated information dissemination system managed by Computershare S.p.A. , Gewiss and Beghelli informed that on December 10, 2024, Gewiss S.p.A. entered into a preliminary sale and purchase agreement with the majority shareholders of Beghelli for the acquisition of a majority stake in Beghelli S.p.A.'s share capital. Read more »
Cree LED | Daktronics | Business | Dec 31, 2024
Cree LED and Daktronics Enter Licensing Agreement for LED Display Technology
Cree LED and Daktronics Enter Licensing Agreement for LED Display Technology Cree LED, a Penguin Solutions brand (Nasdaq: PENG), and Daktronics (Nasdaq: DAKT), announced a multi-year, global patent license agreement effective December 2024. With limited exceptions, this agreement provides a license to Daktronics for Cree LED’s patented technology for the duration of the agreement. Read more »
LightingEurope | Business | Nov 25, 2024
LightingEurope Publishes a Guidance on the Use of Standards in Products
LightingEurope Publishes a Guidance on the Use of Standards in Products The document gives precious guidance and information to manufacturers on the use of standards (EN, harmonized EN, OJEU listed harmonized EN and non-EN standards) in Europe and in the United Kingdom when preparing the Declaration of Conformity. This document outlines all the different options available to manufacturers, leaving it up to them to choose which option to follow. Read more »
Forge Europe | HongliTronic | Business | Nov 25, 2024
Forge Partners with HongliTronic to Offer Innovative, High quality, Sustainable LED Solutions
Forge Partners with HongliTronic to Offer Innovative, High quality, Sustainable LED Solutions Forge Europa has announced a strategic partnership with the LED OEM giant “HongliTronic”, expanding its product offerings to include their extensive range of innovative and sustainable LED solutions. This collaboration brings together HongliTronic’s cutting-edge LED technologies with Forge's LED tech experience and bespoke services to meet the diverse needs of customers across the UK and Europe. Read more »
Events | Zhaga Consortium | Smart City Expo | Oct 28, 2024
Zhaga to Showcase Smart Lighting Solutions at Smart City Expo World Congress 2024
Zhaga to Showcase Smart Lighting Solutions at Smart City Expo World Congress 2024 Zhaga, the global consortium driving the standardization of LED luminaire component interfaces, is excited to exhibit at the Smart City Expo World Congress, 5-7 November in Barcelona. Visit the Zhaga booth in Hall 2, Stand F92, to explore the latest advancements in smart street lighting and sustainable urban development powered by the Zhaga-D4i ecosystem. Read more »
CIE | Research Strategy | Events | Oct 15, 2024
Webinar on CIE Research Strategy 2023-2027
Webinar on CIE Research Strategy 2023-2027 CIE is pleased to inform you that the recording of the recent CIE webinar, presented by Dr. Jennifer Veitch, President of the CIE, on the "CIE Research Strategy 2023-2027," is now available. Read more »
Messe Frankfurt | Building Technologies | Events | Aug 30, 2024
Building Technologies Trade Fairs with a New Forward-looking Focus
Building Technologies Trade Fairs with a New Forward-looking Focus The building sector is facing many major challenges: rising construction costs and a shortage of skilled workers are colliding with an urgent need for new housing. Simultaneously, the energy and heating transition, not to mention the rapid pace of digitalisation, are creating new opportunities for a sustainable future. Messe Frankfurt has responded to the dynamic challenges in the market with a newly formed management team for its Building Technologies division. Read more »
Lumileds | Acquisition | Business | Aug 05, 2024
Lumileds Completes Sale of Lamps and Accessories Business to First Brands Group
Lumileds Completes Sale of Lamps and Accessories Business to First Brands Group Lumileds, LLC, one of the world’s leading LED manufacturers and solution providers for the global automotive, illumination, display, and flash markets announces that last month, it completed the sale of its Lamps and Accessories business to First Brands Group, LLC (“First Brands”), a global automotive parts manufacturer. Read more »
Gewiss | Performance iN Lighting | LightingEurope | Business | Jul 25, 2024
Gewiss Becomes a Member of LightingEurope
Gewiss Becomes a Member of LightingEurope Gewiss, a leading company manufacturing solutions for home & building automation, energy protection and distribution systems, smart lighting and e-mobility has joined LightingEurope together with its brand focused on Lighting: Performance iN Lighting | powered by Gewiss. Read more »
Business | Unilumin | Jul 15, 2024
Unilumin Opened New Showroom in India
Unilumin Opened New Showroom in India Unilumin, the LED Application Pioneer, providing professional LED application services, proudly announced the grand opening of its first state-of-the-art Experience Center in India on 1st July, located in Noida. This landmark event represents a significant milestone in Unilumin’s development strategy, showcasing its unwavering commitment to the Indian market with ambitious plans to establish additional centers across the country. Read more »
CIE | Midterm Meeting 2025 | Business | Jun 30, 2024
CIE Midterm Meeting 2025: Call for Contributions and First Conference Announcement
CIE Midterm Meeting 2025: Call for Contributions and First Conference Announcement The International Commission on Illumination (CIE) is pleased to announce the CIE Midterm Meeting 2025, set to take place in Vienna, Austria. This significant event will gather experts and researchers from around the globe to discuss the latest advancements in the fields of light and lighting, colour and vision, photobiology, and image technology. Read more »
Lumileds | First Brands Group | Business | May 17, 2024
Lumileds to Sell its Lamps and Accessories Business to First Brands Group
Lumileds to Sell its Lamps and Accessories Business to First Brands Group Lumileds, LLC, one of the world’s leading LED manufacturers and solution providers for the global automotive, illumination, display, and flash markets and First Brands Group, LLC (“First Brands”), a global automotive parts manufacturer that serves the worldwide automotive aftermarket, have entered into an agreement for First Brands to acquire the Lamps and Accessories business of Lumileds for $238M. Under First Brands, the Lamps and Accessories business will continue to expand its global offerings and position its products and leading brands in the automotive accessories sector. Read more »
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