GE Lighting has signed an agreement to acquire Boulder, Colorado-based Albeo Technologies Inc., a privately held LED fixture manufacturer established in 2004.
Albeo Technologies’ LED systems–high-bay, low-bay, linear, surface mount and undercabinet fixtures are installed in commercial, warehouse, industrial, cold storage, office, data center, food processing, parking garage, school, sporting and correctional settings. Its solutions have helped to illuminate a range of “all-LED” facilities, including one of the world’s 10 largest data centers. Albeo Technologies’ products have been recognized with 16 independently judged awards, including six from the US Department of Energy.
“Today’s news is significant for what it enables customers to do with lighting,” says Jeff Bisberg, Albeo Technologies’ co-founder and CEO. “Joining GE vastly expands the universe of customers with access to our breakthrough LED solutions and it profoundly empowers our research and product development capability. Our team takes great pride in the fact that we’re now part of the company behind the invention of the LED.”
Through the acquisition, GE accelerates its ability to offer customers a more complete and integrated LED solution.
tomers the energy-efficient solutions they need. That’s what customers get at the end of the day—a refined, highly modular and scalable platform that delivers the GE quality they’ve come to expect.”
Albeo Technologies’ products are available through existing distribution channels and now through GE’s global distribution network.
