Acuity Brands Lighting has announced the introduction of the Acculamp product line, the company’s first-ever offering of LED lamps and the result of the previously announced business collaboration between Acuity Brands and Neonlite Electronic & Lighting (HK), Ltd. Available in the United States and Canada through Acuity Brands’ sales representatives, the inaugural Acculamp product line, [...]
LED company Lighting Science Group Corporation completed an $18 million private placement of its common stock on January 26, 2011. Pegasus Partners IV, L.P., the company’s largest equityholder, and two of its operating advisors purchased 3,167,333 shares of common stock for an aggregate purchase price of $10,452,200. Michael Kempner, who is also an operating advisor [...]
The American Institute of Architects (AIA) and Hanley Wood, LLC have unveiled the first issue of the recently revamped Architect magazine. Now the new official publication of the AIA, Architect will be the largest of the four titles published as part of the partnership. The other magazines include Residential Architect, EcoHome and Eco-Structure. In addition, [...]
Royal Philips Electronics has announced that it has acquired Optimum Lighting LLC, a privately owned company specializing in customized energy-efficient lighting solutions for the office, industry and retail segments. “Office lighting uses approximately 30% of the total energy consumption in buildings, so there is a great opportunity to upgrade the older inefficient lighting currently used [...]
The Luminaires Group, a Canadian corporation encompassing several lighting companies, has purchased a substantial interest in AmerillumBrands, a southern California lighting manufacturer.
The University of California, Davis, has signed a co-exclusive license agreement with Philips to commercialize inventions that reduce the cost and increase the reliability of daylight harvesting systems. The license agreement covers a package of patents and patent applications describing strategies and technologies developed by the California Lighting Technology Center (CLTC) at UC Davis. This [...]
Nexxus Lighting, Inc. has announced that it has completed the sale of certain assets of its legacy Commercial and Pool businesses to Next Step Products, LLC. The divested businesses consist of the manufacture, marketing and sale of fiber optic lighting and LED products used for applications in commercial, architectural, pool and spa markets, but does [...]
On November 4, LightNOW reported that Carmanah Technologies, a manufacturer of solar LED lighting and power systems for industrial applications, had entered into a process to acquire Lightech Electronic Industries Ltd., an Israeli manufacturer of power supplies for LED lighting, for $18.5 million. The agreement and plan of merger had been entered on September 21, [...]
Carmanah Technologies Corporation, a manufacturer of solar LED lighting and power systems for industrial applications, has announced that it has signed a definitive agreement to acquire all of the outstanding shares of Lightech Electronic Industries Ltd., an Israeli corporation, for $18.5 million. Lightech is a manufacturer of power supplies for LED lighting, supplying major lighting [...]
Nessen Lighting has announced that it has been purchased from Philips Lighting, which owned the company since early 2008, along with sister company D’ac Lighting, launched by Nessen in 1995, by a newly formed holding company called Coldstream Group, owned and run by Nessen Lighting’s management. The announcement was made jointly by Charles J. Florio, [...]
