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Lighting Industry

AMS Offers Competitive Bid for OSRAM

The OSRAM acquisition just got a whole lot more interesting. On August 11, AMS AG, an Austrian company specializing in sensors for iPhones, submitted a fully financed proposal to OSRAM Licht AG for an all-cash takeover offer for 100% of the share capital of OSRAM at a price of €38.50 per share, 10% above the July offer made by Bain Capital and The Carlyle Group. This is an offer totaling about $4.1 billion.

Lighting Industry

New Tariffs to Impact Lamps and Ballasts

In the latest salvo in the U.S.-China trade war, the Trump Administration announced a 10% tariff on the remaining $300 billion in Chinese imports not already taxed, starting September 1. This will include lamps and ballasts.

Lighting Industry

David Shiller on the Possibility of China Weaponizing Rare Earth Metals

As previously reported in LightNOW, China has signaled that it may use its near monopoly on rare earths–used in a wide variety of products including fluorescent lamps and LED lighting–as a weapon in its trade war with the United States. David Shiller, President of Lighting Solution Development, argues that while this may be disruptive, there may be a bright side.

Lighting Industry

Bain, Carlyle Offers to Buy OSRAM for $3.8 Billion

A bidding consortium composed of Bain Capital and The Carlyle Group has presented to the boards of OSRAM Licht AG a legally binding transaction offer for the public takeover of all the shares of the company.

Lighting Industry

Signify Launches Trulifi

Signify recently announced it has launched a new range of LiFi systems, branded Trulifi, which leverages existing and future professional luminaires. Instead of using radio signals (such as WiFi, 4G/5G, Bluetooth, etc.), Trulifi uses light waves to enable reliable and secure two-way wireless communications at speeds far above most conventional workplace wireless technologies.

Lighting Industry

Acuity Brands Announces Acquisition of WhiteOptics

Acuity Brands, Inc. recently announced it has acquired WhiteOptics, LLC, a New Castle, DE-based manufacturer of advanced optical components used to reflect, diffuse, and control light for LED lighting used in commercial and institutional applications.

Lighting Industry

Detroit Sues Leotek Electronics Over Failed Streetlights

The City of Detroit has filed a lawsuit against California-based LED lighting manufacturer Leotek Electronics USA, claiming more than 20,000 of the 25,000+ streetlights purchased and installed less than five years ago are failing, with the manufacturer refusing to honor its 10-year warranty.

Lighting Industry

H.E. Williams, Inc. Acquires Platformatics, Inc.

H.E. Williams, Inc. has announced the acquisition of Platformatics, Inc., a provider of network-based systems for the smart building Internet of Things (IoT) industry.

Lighting Industry

ElectricalTrends.com Identifies Selling Direct as Potentially Growing Trend

Distributor-focused website ElectricalTrends.com’s Q418 Pulse of Lighting survey found that lighting manufacturers selling direct was frequently mentioned as a market dynamic among respondents. Not only are smaller companies engaging in direct sales but larger, well-known companies as well, respondents said, potentially marking it as a trend. Citing examples such as Acuity, Cree, and LSI, the [...]

Lighting Industry

IoT Ready Alliance Folds Into Zhaga Consortium

Zhaga and the IoT Ready Alliance recently announced that they have agreed to align their efforts and to proceed as a single organization under the Zhaga Consortium. The objective is to foster a harmonized, global set of interface specifications for sensor-to-luminaire integration and to remove confusion in the industry.

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