Company News

Business News | Jul 29, 2010
Future Lighting Solutions Adds LED Drivers from ROAL Electronics
Future Lighting Solutions announced today that it has become the first worldwide distributor of advanced LED drivers from Italy’s ROAL Electronics. The agreement will make ROAL’s compact, high-efficiency, flicker-free, dimmable drivers readily available to designers and engineers building solid-state lighting applications around the globe. Read more »
Business News | Jul 29, 2010
Osram Enters Joint Venture with Traxon Technologies
Osram is strengthening its portfolio in the field of professional LED lighting systems and solutions by setting up a joint venture with Traxon Technologies Ltd., Hong Kong. The new company, in which Osram has the majority shareholding, is one of the leading providers in the fast-growing market for LED technology in the field of architectural, hospitality and shop lighting. Read more »
Business News | Jul 30, 2010
ON Semiconductor Corporation Completes Acquisition of Catalyst Semiconductor, Inc.
ON Semiconductor Corporation (Nasdaq: ONNN) announced today that it has, effective today, completed its acquisition of Catalyst Semiconductor, Inc. (Nasdaq: CATS) in a stock-for-stock merger. Under the terms of the merger agreement, Catalyst stockholders have generally received 0.706 shares of ON Semiconductor common stock for each share of Catalyst common stock they own. Read more »
Business News | Jul 30, 2010
Cree and Zumtobel Announce Strategic Agreement for LED Downlights in Europe
Cree and Zumtobel Announce Strategic Agreement for LED Downlights in Europe Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, announces a long-term strategic agreement with the Austrian Zumtobel Group, a global market leader in the professional lighting industry and listed on the Vienna stock exchange, to supply LED downlights to the European market. The minimum first-year sales target is 50,000 LR6-230V luminaires. This accelerates the business relationship, which is anticipated to expand into other high-volume lighting categories in 2009. Read more »
Business News | Jul 29, 2010
Philips Acquires Lighting Controls Company Dynalite in Australia
Royal Philips Electronics (AEX: PHI, NYSE: PHG) announced today that it has acquired Dynalite, a leading maker of lighting controls headquartered in Sydney, Australia. Dynalite has become part of the Lighting Electronics business within the Philips Lighting sector. Financial details of this agreement were not disclosed. Read more »
Business News | Jul 30, 2010
Nexxus Lighting Closes Acquisition of Lumificient Corporation
Nexxus Lighting, Inc. (NASDAQ Capital Market: NEXS) today announced that it has closed the previously announced acquisition of solid-state LED lighting manufacturer, Lumificient Corporation. The newly acquired company will be operated as a wholly owned subsidiary of Nexxus Lighting and will continue to operate out of its manufacturing facility in Maple Grove, Minnesota. Read more »
Business News | Jul 30, 2010
Lighting Science Group Acquires Lighting Partner BV
Lighting Science Group Corporation (OTC Bulletin Board: LSCG) ("LSG"), a leading developer and integrator of intelligent and energy-efficient LED lighting solutions, announced today that it has completed the acquisition of Lighting Partner BV ("LPBV"), an innovative manufacturer providing a broad range of LED and High- intensity Discharge ("HID") lighting solutions for residential, commercial, and retail applications based in The Netherlands. Read more »
Business News | Jul 30, 2010
Zumtobel Group acquires Italian LED company SpaceCannon
The Zumtobel Group has strengthened its position in preparation for the further expansion of its LED operations through the acquisition of the Italian LED company SpaceCannon. SpaceCannon, which was founded in 1988 near Alessandria in Piedmont, specialises in LED-based lighting scenarios for outdoor, façade and event lighting. Read more »
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