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....
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Daktronics of Brookings, South Dakota, has partnered with the American Association of Professional Baseball (AAPB) as its official video display and control equipment provider to bring education and professional sports together. “This pa... READ MORE

As Nichia marks the key milestones of 70 years in business and 30 years since pioneering the white LED, its European division has organized a two-day, invite-only Innovation Gallery. Held on 10 and 11 March at Bernhard Knaus Fine Art, a presti... READ MORE