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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Veeco Instruments Inc., a global leader in advanced semiconductor and compound semiconductor process equipment, today announced wins with Sparrow Quantum (Denmark) and Yeungnam University (South Korea), who have selected Veeco’s Molecula... READ MORE

Cree LED, a Penguin Solutions brand (Nasdaq: PENG), and SANlight GmbH, Schruns, Austria, today announced a partnership under which SANlight will use Cree LED’s J Series® products in its new STIXX-Series luminaires. Developed for appl... READ MORE