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...
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Signify, the world leader in lighting, announces that Kwekerij Bolleboom in Bleiswijk and Kwekerij Bazuin in Pijnacker in the Netherlands are investing in Philips GreenPower LED toplighting force elite and Philips GrowWise control for their cu... READ MORE

Cree LED®, a Penguin Solutions brand (Nasdaq: PENG), and Promier Products, Inc. today announced that they have reached a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED’s patents related to L... READ MORE