Company News

Business News | Jul 30, 2010
Lighting Science Group and Office for Visual Interaction - New York City Lights Prototyping Contract
Lighting Science Group and Office for Visual Interaction - New York City Lights Prototyping Contract Lighting Science Group Corporation (OTCBB: LSCG) (“LSG”), a developer and integrator of intelligent LED lighting solutions, and the Office for Visual Interaction, Inc. (“OVI”), a global architectural lighting design innovator, announced today that the companies have been selected by The New York City Department of Design and Construction (DDC) to engineer, produce and test the winning design of the City Lights Design Competition. Read more »
Business News | Jul 30, 2010
Lighting Science Group Acquires All Assets of Lamina Lighting, Inc
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, through one of its wholly-owned subsidiaries, it has acquired all of the assets of Lamina Lighting, Inc. (Lamina), a leader in the development and manufacture of high-power LED light engines and modules. Year-to-date revenues for the first six months of 2008 for Lamina were approximately $2.1 million. Read more »
Business News | Jul 30, 2010
PHILIPS ANNOUNCES AGREEMENT TO ACQUIRE GENLYTE A LEADING NORTH AMERICAN LUMINAIRES MANUFACTURER
Philips to pay approximately USD 2.7 billion (EUR 1.8 billion) based on an offer price per share of USD 95.50 Deal creates #1 lighting company in North America. Philips and Genlyte to grow business by introducing Philips innovative, greener and solid state lighting technologies in North America through Genlyte's extensive contacts with distributors, architects and designers, and by introducing Genlyte s products to an international market. Deal leverages Philips earlier successful acquisitions of Color Kinetics, Partners in Lighting, TIR and Lumileds, and signals continuing investment in Lighting. Genlyte's Board of Directors will unanimously recommend offer to shareholders. Read more »
Business News | Jul 30, 2010
Toshiba announces agreement with Semitron to grow application solutions via European distribution channel
Agreement in Germany and Switzerland based on technical design in capabilities Toshiba Electronics Europe (TEE) has expanded its distribution channel in central Europe by signing a franchise distribution agreement with technical distributor Semitron W. Röck GmbH. The agreement will cover Germany and Switzerland and is in line with TEE’s plans to grow European sales through the distribution channel. Read more »
Business News | Jul 30, 2010
OSRAM has certified new partners for LED lighting consulting and engineering
OSRAM has certified two new companies for their LED lighting technology. PublicScreen & Lightsystem Ltd. is specialised in the provision, implementation and project management of cutting edge lighting solutions for large-scale architectural and corporate projects. Tetracis-Plurirede is a company with recognized competence on LED / Electronic circuits design, having capacity for total design solution of LED light application, including lenses and reflectors. Read more »
Business News | Jul 30, 2010
NEXXUS LIGHTING to acquire ADVANCED LIGHTING SYSTEMS
Orlando, Florida: Nexxus Lighting, Inc. (NASDAQ: NEXS), a world leader in advanced lighting technology, including solid-state LED and fiber optic lighting systems and controls used in commercial, architectural, signage, swimming pool and retail lighting today announced that it has signed a non-binding letter of intent to acquire Advanced Lighting Systems, Inc (ALS) a leader in solid-state LED and fiber optic lighting technology based in Sauk Center, Minnesota. Read more »
Business News | Jul 30, 2010
LED Holdings and Lighting Science Group combine forces - Transaction Creates Unique Lighting Solutions Company
LED Holdings, LLC, a global leader in custom LED (light-emitting diode) lighting solutions, and Lighting Science Group Corporation (OTCBB: LSGP), a leading developer and integrator of white light solutions using LED technology, announced today that LED Holdings has contributed all of its assets, including $15 million in cash, to Lighting Science Group in exchange for a combination of preferred and common stock representing 70% of the common stock and 80% of the voting power of Lighting Science Group on a fully-diluted basis. Read more »
Business News | Jul 30, 2010
OSRAM OPTO SEMICONDUCTORS AND LIGHTING SCIENCE GROUP COLLABORATE ON LED FIXTURES
OSRAM Opto Semiconductors, a world leader in light-emitting diode (LED) technology, and the Lighting Science Group Corporation (OTCBB: LSGP), a leading designer and manufacturer of super energy-efficient LED lighting solutions, today announced that OSRAM Opto Semiconductors’ Golden DRAGON® lighting product will be utilized in low bay fixtures from Lighting Science for a special lighting project for the City of Raleigh, North Carolina. Read more »
Business News | Jul 30, 2010
Color Kinetics Announces U.S. and Germany Anti-Trust Clearance for its Acquisition by Philips
Color Kinetics Incorporated (NASDAQ: CLRK), which had previously announced its agreement to be acquired by Philips Holding USA Inc., for $34.00 per share in cash, today announced that the 30-day waiting period for the transaction under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, expired on August 10, 2007. The Federal Cartel Office of the Federal Republic of Germany, acting pursuant to the German Act Against Restraints of Competition, has also cleared the transaction. Read more »
Business News | Jul 30, 2010
Color Kinetics' Shareholders Adopt Merger Agreement with Philips
Color Kinetics Incorporated (NASDAQ: CLRK) announced that its shareholders at a special meeting held in Boston, Massachusetts today adopted the merger agreement under which Color Kinetics is to be acquired by Philips Holding USA, Inc., a subsidiary of Koninklijke Philips Electronics, N.V. (NYSE: PHG, AEX: PHI). The merger agreement was announced by Philips and Color Kinetics on June 19, 2007. Read more »
Business News | Jul 30, 2010
NEXXUS LIGHTING ENTERS INTO AGREEMENT TO ACQUIRE ADVANCED LIGHTING SYSTEMS
Nexxus Lighting, Inc. (NASDAQ: NEXS), announced today that it has entered into an agreement pursuant to which Advanced Lighting Systems, Inc. (ALS) would be merged into a wholly-owned subsidiary of Nexxus Lighting. The consummation of the transaction is subject to certain closing contingencies, including the delivery by ALS of audited financial statements. Read more »
Business News | Jul 30, 2010
OPTEK TECHNOLOGY SIGNS TWO NEW DISTRIBUTION AGREEMENTS
TT electronics OPTEK Technology has selected NRC Electronics as a global distributor of their complete product offering toprovide the necessary technical support and “on demand” distribution for OPTEK’s optoelectronic sensors and fiber optic devices, along with their visible LED components and assemblies. A new agreement between Farnell and Optek extends to a global basis the successful relationship that the two companies already enjoy in North America with Premier Farnell’s Newark distribution business. Read more »
Business News | Sep 24, 2010
Toyoda Gosei Concludes Joint Venture Agreement to Develop, Manufacture, and Market LEDs in Taiwan
Toyoda Gosei Co., Ltd. and two Taiwanese companies formally agreed on September 20 to establish a joint venture in Taiwan to develop, manufacture, and market light emitting diodes (LEDs). The Taiwanese companies are Epistar Corporation, a leading manufacturer of LED chips, and Twin Hill Co., Ltd., a sales agent for Toyoda Gosei LEDs. This joint venture agreement combines Toyoda Gosei’s leading-edge LED technology with Epistar’s low-cost manufacturing capabilities to expand the partners’ LED sales in the growing market of illumination applications. Read more »
Business News | Oct 15, 2010
Moser Baer Technologies and CNSE’S Launch Global Partnership to Establish Pioneering Pilot Production Facility for OLED
Moser Baer Technologies, Inc. ("MBT"), the U.S. division of Moser Baer India, Ltd., Universal Display Corporation ("UDC"), and the College of Nanoscale Science and Engineering's ("CNSE") Smart System Technology & Commercialization Center ("STC") today announced a partnership to establish the world's first pilot production facility for Organic Light Emitting Diode ("OLED") lighting panels at STC's Canandaigua location, which will create more than 50 high-tech jobs by 2012 while further building New York's world-class resources to support clean and environmentally friendly technologies. Read more »
page_peel