2011-07-21

GE Lighting Spent $15-20 million to Acquire Lightech

Reportedly, GE Lighting has injected  $15-20 million to acquire  Lightech Ltd., which is still caught in legal proceedings following the failure of its acquisition by Carmanah Technologies Corporation. It’s said that Lightech was formed by David Schreiber and his son Zvi, who serves as CEO in 1992. The company specializes in components for managing the energy supply to lighting units in order to save energy. The company designs drivers and transformers for use in LED and halogen lighting which it manufactures in China....
Continue reading
LEDVANCE, a global leader in lighting solutions, is expanding its partnership with the German football club Bayer 04 Leverkusen. Building on the successful upgrade of the stadium's floodlighting, the club is now relying on LEDVANCE’s... READ MORE

The world’s attention turns to the game as the 2026 FIFA World Cup, jointly hosted by the United States, Canada, and Mexico, delivers one of the most anticipated sporting spectacles in history. Forty-eight national teams are competing ac... READ MORE