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, a recognized industry leader in digital display and control system technology, has partnered with Massillon Washington High School in Ohio to install a new LED video display and become the first high school in the nation to impleme... READ MORE
Mercedes-Benz recently unveiled its mid-cycle refresh for the C-Class sedan, marking what the automaker calls the most significant technical upgrade in the model’s 44-year history, with advanced lighting technology taking center stage. ... READ MORE