2015-03-13

CVC and KKR in Lead for Acquiring Philips Lumileds

Private equity firms CVC and KKR have offered the highest bid for acquiring Philips lighting components business, a Reuters report cited three sources familiar with the matter saying.
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Precision and reliability are becoming increasingly critical in modern vehicle systems, especially as the automotive industry accelerates toward the electrification of mobility. Electric vehicles are generally heavier than combustion engine ve... READ MORE

Everlight Electronics Co., Ltd. (hereinafter “Everlight”) filed a patent infringement lawsuit against Seoul Semiconductor Co., Ltd. (hereinafter “SSC”) in the United States District Court for the Eastern District of Texas ... READ MORE