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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Munich, Germany – Valeo, a global leader in automotive lighting, and Ennostar, a global leader in optoelectronic solutions, are collaborating on smart automotive exterior displays. Their first collaborative product is showcased at IAA Mo... READ MORE

The all-new Mercedes-Benz GLC: the highlights For many years, the GLC has been the most popular model from Mercedes-Benz, repeatedly topping the charts as the brand’s bestseller, worldwide. As was the case once again in the first half of... READ MORE