2013-07-02

Orion Energy Systems Complete the Acquisition of Harris

Orion Energy Systems, Inc., a leading power technology enterprise, announced yesterday that it has completed the acquisition of Harris Manufacturing, Inc. and Harris LED, LLC. Harris Manufacturing and Harris LED had specialized in designing, sourcing and manufacturing energy-efficient lighting systems including fluorescent and LED lighting solutions, and day-lighting products. The purchase price of the transaction was $10 million, subject to post-closing adjustments for net working capital. The purchase price was paid through a combination of $5 million in cash, $...
Continue reading

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