Osram of Munich, Germany has agreed to acquire LED solution company LED Engin Inc. based in San Jose, California. LED Engin has about 30 employees and posts annual sales of about $10 million. The company specializes in fabricating ultra-bright, ultra-compact solid state lighting solutions for a variety of lighting markets. …
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LED/Lighting Business News
Orion Contracted to Supply LED Lighting for Two VA Hospitals
Orion Energy Systems of Manitowoc, Wisconsin USA, reported that it secured $800,000 in deals to supply its LED lighting retrofit solutions to two U.S. Veteran’s Health Administration (VA) hospitals in Washington and Florida. The company says that the LED lighting installations are underway and are expected to be completed by …
on June 2, 2017 in LED Lighting Applications, LED Lighting Luminaires and Fixtures, LED/Lighting Business News
Chuck Swoboda, Cree Chairman, President, and CEO to Step Down
Cree, Inc. announced that Chuck Swoboda, company chairman, president, and CEO will step down from his executive positions and his membership of the board of directors. Mr. Swoboda plans to stay on until the board of directors appoints a successor. Afterward, he will remain available as a consultant to Cree …
Vital Vio Licenses White Light Disinfection Technology to Acuity Brands
Acuity Brands, Inc. headquartered in Atlanta, Georgia USA, announced a licensing agreement with Vital Vio, Inc., developer of continuous White Light Disinfection(TM) technology. Vita Vio designed the technology to safely and continuously kill germs on indoor surfaces. Acuity Brands plans to incorporate Vital Vio’s VioSafe(TM) White Light Disinfection(TM) technology into …
U.S. Navy Awards Orion $1.9 Million in New LED Retrofit Contracts
Orion Energy Systems (Orion Lighting) of Manitowoc, Wisconsin USA, reported that the U.S. Navy awarded the company $1.9 million in new contracts. Under the terms of the contracts, Orion will retrofit two naval bases with its newest LED lighting systems, compliant with the U.S. “Trade Agreements Act” and the “Buy …
Cree Signs Royalty Bearing Cross Licensing Agreement with LEDvance
Durham, North Carolina USA-based Cree, Inc. reported that it signed a patent cross-license agreement with German firm Ledvance, Inc., Osram’s global LED lighting business. Under the terms of the cross-licensing agreement, Cree will receive ongoing royalty payments and a royalty-free license to Ledvance’s patent portfolio. In exchange, Ledvance will have …
Osram Completes Sale of LEDvance
Osram completed its previously reported sale of LEDvance to a Chinese consortium. The completed transaction follows the parties obtaining all the needed approvals from the relevant authorities. The final selling price totaled about €500 million. Osram also expects license income of as much as €100 million over the coming years …
Osram Concludes Partnership with beaconsmind AG on Einstone Solution
Osram reports that it has concluded its collaboration and partnership with beaconsmind AG, the first iBeacon full-service provider based in Switzerland. iBeacon gives in-store retailers and fashion brands an immediate end-to-end solution for integrating location-based services (LBS). beaconsmind AG will present the Einstone solution portfolio using Osram LED lighting at …
on February 27, 2017 in Internet of Things, IoT Lighting and Retail Applications, LED/Lighting Business News, LED-based Communications
Osram Acquires Maneri-Agraz of Texas
German firm, Osram has acquired the business operations of Houston, Texas-based Maneri-Agraz Enterprises. Maneri-Agraz Enterprises serves as a national provider of energy efficient lighting solutions for commercial and industrial facilities and delivers lighting solutions to a range of markets from warehousing and manufacturing to retail and the public sector. Maneri-Agraz’s …
Zumtobel Lighting Illuminates KitzRaceClub
On January 20-22 of 2017, thousands of sports fans will attend the races at the famous Austrian ski slope, the Streif. Zumtobel Group was named the official lighting partner of these Hahnenkamm Races. Visitors can look forward to the races on the Hahnenkamm slopes and entertainment near the finish line …
on January 20, 2017 in Uncategorized, LED Lighting Applications, LED Lighting Luminaires and Fixtures, LED/Lighting Business News
