Bridgelux Announces Closing of Agreement with Toshiba, Strengthening LED Collaboration

Expanded Relationship to Drive GaN-on-Silicon Development

Bridgelux Inc., a leading developer and manufacturer of LED lighting technologies and solutions, today announced the closing of an agreement with Toshiba Corporation, a world-leading electronics manufacturer, which will strengthen and extend their strategic technology collaboration. The agreement was originally announced on April 22, 2013, and the companies have now completed the transfer of Bridgelux GaN-on-Silicon technology assets to Toshiba and inaugurated this new phase of GaN-on-Silicon LED collaboration, including an expanded licensing and manufacturing supply relationship. Bridgelux will continue to develop and market its leading GaN-on-Sapphire LED products as a fabless solid state lighting company.
 
“We are thrilled to be moving into the next stage of our joint work with Toshiba to advance GaN-on-Silicon-based solid state lighting technologies,” said Brad Bullington, Chief Executive Officer of Bridgelux. “As we outlined last month, Bridgelux will focus on commercializing, productizing and bringing to market GaN-on-Silicon technologies alongside a proven global scale semiconductor manufacturer. At the same time, we remain committed to our GaN-on-Sapphire business and look forward to continuing to provide world-class innovation and service to our customers.”

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