Business News

Business & Events

DOE | Control Systems | Energy Management | Business | Jun 14, 2022
DOE Releases Request for Information on Research and Development Opportunities in Energy Management Control Systems
DOE Releases Request for Information on Research and Development Opportunities in Energy Management Control Systems DOE’s Building Technologies Office (BTO) has released a request for information (RFI) to inform BTO’s strategic direction and future investments in technology research and development (R&D) on energy management control systems. The RFI solicits feedback from industry, academia, research laboratories, government agencies, and other stakeholders on a range of identified R&D opportunities related to the hardware, software, cybersecurity, and interoperability of energy management control systems. BTO will use information obtained through this RFI to update its current R&D strategy to meet its decarbonization, energy savings, and cost reduction goals. Read more »
Business | ams OSRAM | Traxon | May 12, 2022
ams OSRAM Signs Agreement to Sell its Dynamic Lighting Business Traxon Technologies to Prosperity Group
ams OSRAM Signs Agreement to Sell its Dynamic Lighting Business Traxon Technologies to Prosperity Group ams OSRAM (SIX: AMS), a global leader in optical solutions, announced today that an agreement has been reached to sell the Traxon Technologies business, including the benchmark dynamic lighting controls e:cue, to Prosperity Group, a privately owned lighting company headquartered in Hong Kong. Prosperity Group is a modern conglomerate deep-rooted in the lighting industry with investments and operations across diversified business sectors in global markets and a long-term partner to ams OSRAM and OSRAM for over 40 years. The transaction is subject to customary closing conditions. Read more »
DeLighted Talks | International Day of Light | Business
deLIGHTed Talks: The Right Light at the Right Time – Bright Days, Dark Nights
deLIGHTed Talks: The Right Light at the Right Time – Bright Days, Dark Nights The Good Light Group, together with the Society for Light Treatment and Biological Rhythms (SLTBR), the Daylight Academy (DLA), the International Association of Lighting Designers (IALD), and Luger Research (LR), are organizing and presenting the “The Right Light at the Right Time – Bright Days, Dark Nights” lectures. The webinar explains the need for a good day and night light based on scientific evidence and practical experience. Read more »
Lamps | Rules | DoE | Business | Apr 30, 2022
DOE Finalizes Two New Rules for General Service Lamps
DOE Finalizes Two New Rules for General Service Lamps The U.S. Department of Energy (DOE) today adopted two new rules for light bulbs, also known as general service lamps, that will conserve energy and help consumers save on their energy bills. The first rule establishes a revised definition of general service lamps while the second implements the minimum standard of 45 lumens per watt for light bulbs that meet the revised definition. These rules are part of 100 energy efficiency actions the Biden Administration is completing this year, which together will save families $100 every year. Read more »
Signify | Business | Climate Report | Apr 30, 2022
Signify Publishes its first-ever Climate Action Report
Signify Publishes its first-ever Climate Action Report Signify (Euronext: LIGHT), the world leader in lighting, has published its first-ever Climate Action Report, illustrating the progress we’re making in taking climate action across our entire value chain. In the first year of our ambitious five-year Brighter Lives, Better World 2025 sustainability program, we are on track to double the pace of the Paris Agreement 1.5°C scenario and have generated between 61% and 64% of Climate action revenues, contributing to our ambition to double our positive impact on society and the environment by the end of 2025. Read more »
Lumileds | Sustainability | Business | Apr 27, 2022
Lumileds' 2021 Sustainability Report
Lumileds' 2021 Sustainability Report Lumileds, a global leader in innovative lighting solutions, issued its 2021 Sustainability Report today detailing the company’s progress in supporting the transition to a low-carbon and sustainable economy. In the report, Lumileds highlights how its lighting solutions contribute to positive changes in energy usage, safety, and health and well-being. Lumileds follows a formalized sustainability agenda that identifies specific priorities and tracks progress. Read more »
BlueGlass | Acquisition | Business | Apr 14, 2022
Blueglass to Aquire US Laser Diode Facility
Blueglass to Aquire US Laser Diode Facility Australian semiconductor developer BluGlass Limited (ASX: BLG) is pleased to announce that it has reached agreement to acquire a commercial Silicon Valley laser diode production facility lease and manufacturing equipment (the Fab) for US$2.5 million. The acquisition will fast-track BluGlass’ growth strategy, significantly increasing its laser diode manufacturing capacity and bringing forward higher-value product development timelines. Read more »
Google | Raxium | Acquisition | Business | Apr 01, 2022
Google Acquires MicroLED Startup Raxium
Google Acquires MicroLED Startup Raxium Google LLC has big ambitions in the augmented reality business, if reports that it has just paid $1 billion to acquire a startup called Raxium are to be believed. The Information, which broke the story, said Google’s acquisition of Raxium is a sign that it’s seriously focused on building the components required to make AR devices a reality. Read more »
ams OSRAM | AMLS | Business | Mar 29, 2022
ams OSRAM Signs Agreement to Sell AMLS – The Dedicated Lighting Systems Unit
ams OSRAM Signs Agreement to Sell AMLS – The Dedicated Lighting Systems Unit ams OSRAM announced the agreement to sell the independent and dedicated AMLS (Automotive Lighting Systems GmbH) business to Plastic Omnium (Euronext: POM) for a purchase price of EUR 65 million. The transaction represents a further step in the implementation of ams OSRAM’s previously communicated strategy to focus on dedicated strategic core technology and divesting businesses that are not seen as core to the corporate strategy. ams OSRAM will continue to be a key supplier of automotive LED and optical components to Plastic Omnium. This transaction does not include other ams OSRAM technologies and products for automotive OEM and the automotive aftermarket. Read more »
Signify | Pierlite | Acquisition | Business | Mar 01, 2022
Signify to Acquire Pierlite to Strengthen Position in Australian and New Zealand Lighting Markets
Signify to Acquire Pierlite to Strengthen Position in Australian and New Zealand Lighting Markets Signify today announced that it has entered into a definitive agreement with Australian based Gerard Lighting Group to acquire their Pierlite business. The acquisition is in line with our strategy to expand within highly attractive market segments and will bring together the strong R&D and innovation capabilities of a global leader with the significant expertise and network of a local brand. Read more »
Business | Aixtron | HC Semitek | Micro-LEDs | Displays | Mar 01, 2022
HC Semitek Cooperates with AIXTRON on Micro LED Display Technology
HC Semitek Cooperates with AIXTRON on Micro LED Display Technology Micro LED technology is on the verge of revolutionizing the display industry. The market demand for self-emissive Micro LEDs in the primary colors (RGB: red, green and blue) begins to rise strongly. HC Semitek, a leading enterprise of the semiconductor technology, will use AIXTRONs Planetary Systems to meet the emerging market demand for Micro LED displays. Read more »
Lumitronix | Gaggione | Partnerships | Business | Optics | Feb 22, 2022
Lumitronix Becomes Official Distributor of Optics Manufacturer Gaggione
Lumitronix Becomes Official Distributor of Optics Manufacturer Gaggione The Swabian LED company Lumitronix and the French optics manufacturer Gaggione have agreed on a joint path. The optics company, which was founded back in 1948 with headquarters in Montréal-la-Cluse, has selected LED specialist Lumitronix from Hechingen to distribute its high-quality optical solutions for LEDs and other lighting applications. The official distribution by Lumitronix covers Europe, with a focus on the DACH region. Read more »
ams OSRAM | Business | Feb 14, 2022
ams OSRAM Delivers Healthy Full Year
ams OSRAM Delivers Healthy Full Year ams OSRAM (SIX: AMS), a global leader in optical solutions, reports full year and fourth quarter 2021 group financial results. “Our business delivered healthy full year results and a very solid performance in the fourth quarter with adjusted profitability for the quarter at the midpoint of our guidance range. We are pleased to report a positive first fiscal year as a combined company with revenues of USD 5,780 million / EUR 5,038 million driven by a strong performance of our automotive business and despite negative effects in our consumer business, as previously stated. In the ending quarter, our automotive business performed well against the backdrop of ongoing supply chain imbalances and OEM production reductions while our consumer, industrial and medical businesses contributed attractively in line with expectations”, commented Alexander Everke, CEO of ams OSRAM. Read more »
DALI Alliance | Awards | Events | Feb 02, 2022
DALI Lighting Awards 2021 Winners Revealed
DALI Lighting Awards 2021 Winners Revealed The DALI Alliance (DiiA), the global industry organization for DALI lighting control, has revealed the winners of its prestigious DALI Lighting Awards 2021. Recognizing the best use of DALI lighting control applications and solutions across the world, the standard of entries within each of the eight categories was exceptionally high. However, the international judging panel of lighting designers, lighting magazine editors, and representatives from global lighting organizations, eventually came to their decisions. Read more »
Signify | Siklu | Wireless | Business | Jan 31, 2022
Siklu and Signify Announce Agreement to Integrate Gigabit-Speed Wireless Connectivity into Lighting Infrastructure
Siklu and Signify Announce Agreement to Integrate Gigabit-Speed Wireless Connectivity into Lighting Infrastructure Siklu, a global leader in millimeter wave (mmWave) solutions for Digital City, Gigabit Wireless Access (GWA), and Mobile x-Haul, and Signify, the world leader in lighting, announced a strategic partnership agreement to add Siklu's MultiHaul™ TG multi-gigabit wireless connectivity technology to Signify's BrightSites portfolio. This combination will result in an addition to the BrightSites portfolio, which will be known as Broadband luminaires. Read more »
Business | Jan 03, 2022
LpS Digital Award 2021 Winners Announced
LpS Digital Award 2021 Winners Announced In December, the LpS Digital 2021 Award winners were announced and honored during the annual live-stream event on December 2nd. The four areas recognized were: Best Lectures, Sustainability, Scientific Study and Best Products. The most outstanding contributions and solutions from the past year were honored. Read more »
Business | LEDucation | Event News | Jan 03, 2022
LEDucation 2022 Announces Lineup of Speakers
LEDucation 2022 Announces Lineup of Speakers The 2022 LEDucation Trade Show & Conference, at the New York Hilton Midtown in New York City, will host a lively exchange of knowledge, inspiration, and aspiration. Presentations by eminent technical experts and thought leaders in the lighting industry will engage the LEDucation audience of lighting designers, architects, and lighting specifiers at all levels. The educational program begins with virtual sessions on Monday, March 14, 2022, followed by the in-person Trade Show and Conference on Tuesday and Wednesday March 15–16. LEDucation 2022 will celebrate the lighting industry with an expanded trade show floor and fresh opportunities to connect with colleagues and expand networks. Read more »
Business | LightingEurope | Stoane Lighting | Jan 03, 2022
Stoane Lighting joins LightingEurope
Stoane Lighting joins LightingEurope Stoane Lighting, an employee-owned specialist manufacturer of architectural lighting equipment, joins LightingEurope, the trade association representing Europe’s lighting industry. Stoane Lighting design, manufacture and assemble all their products in the UK. Products are built to last, to be maintained and even to be upgraded if and when advances allow. Stoane Lighting carefully considers each product's impact on the environment and design each to be easily disassembled, upgraded, and eventually recycled. Read more »
Business | Signify | Fluence | ams OSRAM | Acquisition | Dec 22, 2021
Signify to Acquire Fluence to Strengthen Agriculture Lighting Growth Platform
Signify to Acquire Fluence to Strengthen Agriculture Lighting Growth Platform Signify announced that it has entered into a definitive agreement with ams OSRAM (SIX: AMS) to acquire Austin, Texasbased Fluence for USD 272 million (EUR 242 million) on a cash and debt-free basis. This acquisition will strengthen our global Agriculture lighting growth platform and extend our position in the attractive North American horticultural lighting market. Read more »
Events | QEPrize | 2021 | Dec 20, 2021
LED Lighting Development Wins 2021 Queen Elizabeth Prize for Engineering (QEPrize)
LED Lighting Development Wins 2021 Queen Elizabeth Prize for Engineering (QEPrize) The 2021 QEPrize is awarded for the creation and development of LED lighting, which forms the basis of all solid state lighting technology. Isamu Akasaki, Shuji Nakamura, Nick Holonyak Jr, M. George Craford and Russell Dupuis are recognised not only for the global impact of LED and solid state lighting but also for the tremendous contribution the technology has made, and will continue to make, to reducing energy consumption and addressing climate change. Read more »
Schneider Electric | GreeNext | Business | Dec 15, 2021
GREENext Provides Sustainable and Resilient Energy-as-a-Service
GREENext Provides Sustainable and Resilient Energy-as-a-Service Schneider Electric recognized as the World’s most sustainable corporation in 2021 by Corporate Knights, and Temasek announced the launch of GREENext, a joint venture that will provide sustainable and resilient energy solutions to commercial and industrial customers through solar and battery hybrid microgrid technology. Read more »
Automotive | Faraday Future | Business | Dec 07, 2021
Faraday Future Announces HSL as Exterior Lighting Supplier
Faraday Future Announces HSL as Exterior Lighting Supplier Faraday Future Intelligent Electric Inc., a California-based global shared intelligent electric mobility ecosystem company, today announced HSL as the lead exterior lighting supplier for its flagship, ultimate intelligent techluxury FF 91 EV. Read more »
Business | SchahlLED | LED Technics | Acquisition | Nov 24, 2021
SchahlLED Lighting Acquires LED Technics Germany
SchahlLED Lighting Acquires LED Technics Germany SchahlLED Lighting GmbH acquires LED Technics Germany GmbH (LTG). SchahlLED is a leading provider of intelligent digital lighting solutions for industry and logistics based in Unterschleißheim. LED Technics Germany manufactures highly efficient, user-friendly LED lighting for medium-sized businesses. The LTG brand will continue to exist alongside SchahlLED, optimally augmenting SchahlLED’s product portfolio. Going forward, customers will have access to controlled and uncontrolled solutions from both brands, and can choose to optimize LTG Systems with SchahlLED controlling solutions. Read more »
GLA | Guidelines | Business | Emerging Economies | Oct 27, 2021
Global Lighting Association Releases Regulatory Guidelines for an Effective Transition to Energy Efficient Lighting in Emerging Economies
Global Lighting Association Releases Regulatory Guidelines for an Effective Transition to Energy Efficient Lighting in Emerging Economies The Global Lighting Association (GLA) has published a document containing a recommended set of regulatory guidelines for general service and linear LED lamps. Based on international standards, the guidelines are intended for use by regulatory authorities in developing and emerging economies considering national legislation and associated regulations to accelerate the transition to energy efficient lighting. Read more »
Luminii | Acquisition | Precision Lighting | Remote Controlled Lighting | Business | Oct 22, 2021
Luminii Acquires Precision Lighting and Remote Controlled Lighting
Luminii Acquires Precision Lighting and Remote Controlled Lighting Precision Lighting and Remote Controlled Lighting, two British lighting manufacturers, are pleased to announce that Luminii, a Chicago-based manufacturer of industry leading specification-grade architectural LED lighting systems, has acquired the companies. Read more »
page_peel