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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ViewSonic Corp., a leading global provider of visual and edtech solutions, announced that the LDS136-152 Mobile Direct View LED Display Solution has been awarded Pro AV Best in Market Award from AV Technology, Systems Contractor News, and Soun... READ MORE

For three decades, white LEDs have depended on rare earth materials such as yttrium aluminum garnet (YAG) layered onto a blue LED chip (Figure 1). Seoul Viosys Co., Ltd. (KOSDAQ: 092190) today announced that it has broken that dependence. It h... READ MORE