Company News

Business | Company News | Investment | Jul 27, 2017
Osram Invests in LiDAR Expert LeddarTech Inc.
Osram Invests in LiDAR Expert LeddarTech Inc. Osram has acquired a strategic 25.1 percent share in LeddarTech Inc., a Canadian company that develops a proprietary LiDAR technology integrated into semiconductors and sensor modules for self-driving cars and driver assistance systems. LeddarTech specializes in solid-state LiDAR (Light Detection And Ranging) systems that use infrared light to monitor the area around them, and its advanced optical sensing technology is highly complementary with Osram’s semiconductor products. The two companies already work together and Osram has now made an investment in LeddarTech in the mid double-digit million euros. 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 | Nov 23, 2017
Osram’s New Kulim LED Chip Factory Goes into Operation
Osram’s New Kulim LED Chip Factory Goes into Operation Osram’s new LED chip factory in Kulim, Malaysia, begins operation on time. “We are both on schedule and within budget,” pointed out Olaf Berlien, CEO of Osram Licht AG, during the opening ceremony in Kulim on Thursday. “Given our enormous recent growth rates of 19 percent in the LED business, we are pleased to have the new production capacities. Our investment in Kulim also attests to the technology shift and our transition to becoming a high-tech corporation: At the beginning of this decade, conventional lighting still accounted for 80 percent of Osram's business. Today, two-thirds of our sales are based on optical semiconductors.” 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 | Intellectual Properties | Jun 08, 2017
Seoul Semiconductor Resolves LED Filament Bulb Lawsuit against Global Retailer Kmart and Pursues Further Patent Enforcement Initiatives
Seoul Semiconductor Resolves LED Filament Bulb Lawsuit against Global Retailer Kmart and Pursues Further Patent Enforcement Initiatives Seoul Semiconductor Co., Ltd. and Seoul Viosys Co., Ltd. (collectively “Seoul”) announced that they have resolved a patent litigation that was filed on behalf of Seoul and The Regents of the University of California against Kmart Corporation. The patent case was filed in U.S. Federal District Court, asserting infringement of eight patents based upon Kmart’s sales of Kodak/Spotlite branded filament LED bulbs. 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 | Apr 29, 2017
Silvair Partners with Nordic to Deliver a Complete Bluetooth Mesh Stack for Professional Lighting Applications
Silvair Partners with Nordic to Deliver a Complete Bluetooth Mesh Stack for Professional Lighting Applications Silvair, a pioneer in Bluetooth-based smart lighting technologies for commercial applications, today announced a partnership with Nordic Semiconductor, a world-leading provider of ultra low power wireless connectivity chips. The company has selected Nordic’s nRF52832 system-on-chip (SoC) as the most suitable platform for its Bluetooth Mesh stack which is expected to be the first commercially available qualified implementation of the upcoming Bluetooth Mesh specification. Read more »
Business | Company News | Featured | May 16, 2018
Smart Control with GRE’s Dimming Modules
Smart Control with GRE’s Dimming Modules Smart and sustainable technologies have been on the forefront at the international lighting events. With the advance of smart devices and return on investment requirements, the smart building is widely becoming the new standard building model. Read more »
Business | Company News | May 12, 2017
SORAA Sky Wins Prestigious LIGHTFAIR International Innovation Award
SORAA Sky Wins Prestigious LIGHTFAIR International Innovation Award Soraa, the world leader in GaN on GaN™ LED technology and illuminator of the world’s most renowned historical buildings, museums, hotels, and luxury shops, today announces the company’s consumer-focused SORAA Sky bulb has won an LIGHTFAIR International 2017’s Innovation Award. Read more »
Business | Company News | Innovation | May 20, 2017
SORAA Sky Wins Prestigious LIGHTFAIR International Innovation Award
SORAA Sky Wins Prestigious LIGHTFAIR International Innovation Award Soraa, the world leader in GaN on GaN™ LED technology and illuminator of the world’s most renowned historical buildings, museums, hotels, and luxury shops, announced the company’s consumer-focused SORAA Sky bulb has won an LIGHTFAIR International 2017’s Innovation Award. Read more »
Business | Company News | Bluetooth | May 06, 2018
Silvair Announces New Partners and Expands the Range of Interoperable Lighting Components Based on the Qualified Bluetooth Mesh
Silvair Announces New Partners and Expands the Range of Interoperable Lighting Components Based on the Qualified Bluetooth Mesh Chicago, May 7, 2018 - Silvair, a pioneer in lighting control technology and a leading provider of qualified Bluetooth mesh, announces that together with its partners it will be extending the range of lighting products supported by Silvair’s technology. An ecosystem of interoperable products unified by the Bluetooth mesh standard is, therefore, expanding to redefine the smart lighting experience in commercial spaces. 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 »
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 | Company News | Job Opportunity | Apr 12, 2017
Vacancy: Marketing & CRM Manager | Full-time in Berlin
Vacancy: Marketing & CRM Manager | Full-time in Berlin volatiles is a Berlin-based, fast growing IoT / Smart Lighting start-up that develops the next generation of connected lighting technology. We combine deep tech with beautiful design. As our company grows, we move from a highly tech-centric to a more balanced team. We’re an ambitious bunch of strong individuals and passionate about building truly innovative products. Grow with us and shape our company in this exciting phase. volatiles is an equal opportunity employer, and all qualified applicants will be considered regardless of religion, gender, age and race. 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 | Divestment | Oct 21, 2020
Cree to Sell LED Business to SMART Global Holdings, Inc. for up to $300 Million
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. Read more »
Business | Company News | Acquisition | Partnerships | Mar 24, 2020
Ecosense Enters Replacement LED Lamp Business by Buying Soraa Shares
Ecosense Enters Replacement LED Lamp Business by Buying Soraa Shares Ecosense®, a leading LED technology company, announced today that it has acquired assets from Soraa, a designer and manufacturer of full-spectrum LED lamps based in Fremont, California. Under the terms of the deal, Ecosense acquires the Soraa name, intellectual property and lamps, including the company's signature VIVID, BRILLIANT™ HL and HEALTHY™ product lines. This move is the first foray into the professional lamp category for Ecosense. Read more »
Business News | Company News | Partnerships | Jun 19, 2020
Epistar and Lextar to Jointly Establish A New Holding Company
Epistar and Lextar to Jointly Establish A New Holding Company Epistar Corporation ("Epistar" or the "Company") (TAIEX: 2448) and Lextar Electronics Corp. ("Lextar" or the "Company") (TAIEX: 3698) announce the two companies will jointly establish a holding company A (tentative name) via share conversion, which was approved in the board of directors' meetings of Epistar and Lextar respectively today. Read more »
ams | OSRAM | Business News | Company News | Jul 15, 2020
EU Commisson Clears AMS' Acquisition of OSRAM
EU Commisson Clears AMS' Acquisition of OSRAM The European Commission has approved unconditionally, under the EU Merger Regulation, the proposed acquisition of OSRAM by AMS. The Commission concluded that the transaction would raise no competition concerns in the European Economic Area (‘EEA'). Read more »
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