2019-06-19

Business Acquisitions: ERP Power Buys Lumenetix; Powerlite Acquires Fitzgerald Lighting

Luminaires manufacturers and LED power suppliers in the UK and US companies are merging to speed up LED lighting applications and overcome difficulties in the industry. ERP Power, a portfolio company of Angeles Equity Partners who provide connected LED drivers for the lighting industry, announced the acquisition of Lumenetix. Lumenetix had developed tunable color light engines and digital controls designed to deliver interactive lighting experiences. With the acquisition, ERP aims to combine its power control and Lumenetix’ tunable light to reduce origina...
Continue reading
Samsung today announced a new edition of its large-format LED display, The Wall, marking a pivotal expansion to its Chip on Board (CoB) lineup. Like earlier models of The Wall, the MPF series optimizes viewing experiences across an array of en... READ MORE

Cree LED, a Penguin Solutions brand (Nasdaq: PENG), today announced that it has filed a patent infringement lawsuit in the United States District Court for the Northern District of Illinois against Promier Products and Tractor Supply. The laws... READ MORE