Lighting Industry News

LSI Acquires Atlas Lighting for $97.5M

February 21, 2017: 9:10am
CINCINNATI, Feb. 21, 2017 (GLOBE NEWSWIRE) -- LSI Industries Inc. (LYTS) today announced that it has completed the acquisition of all the capital stock of Atlas Lighting Products, Inc., a Burlington, NC manufacturer of high-quality LED lighting products sold into the electrical distribution market.  For the fiscal year ended December 25, 2016, Atlas’ revenues were $56.5 million, and operating... Read More

Energy Focus CEO Steps Down

February 21, 2017: 8:29am
SOLON, Ohio, Feb. 20, 2017 (GLOBE NEWSWIRE) -- Energy Focus, Inc. (EFOI), a leader in LED lighting technologies, announced that, effective as of February 19, 2017, Dr. Ted Tewksbury, the Company’s Executive Chairman, will now serve as the Company’s Chairman of the Board, Chief Executive Officer and President.  James Tu has stepped down as Chief Executive Officer and President and both Mr. Tu... Read More

Philips Lighting Continues to Invest in Li-Fi

February 20, 2017: 7:09am
Holland’s Philips Lighting has quietly acquired a small French company specializing in visible light communications (VLC) in a move believed to be aimed at boosting Philips’ capabilities in Li-Fi, the light-based technology expected to provide Wi-Fi-like two-way Internet communications. Interested in articles & announcements on Li-Fi & smart lighting technologies? The company, Luciom... Read More

LEDs Magazine: Will All Lighting Become Connected?

February 20, 2017: 7:02am
Strategies in Light conference co-chair and Strategies Unlimited research director PHILIP SMALLWOOD unveils the drivers and trends that led to creating a conference track on the value of connected lighting and IoT. We've all heard a great deal about the Internet of Things (IoT) revolution that is taking place at the moment, especially since it appears that new connected products, from thermost... Read More

Cree Announces Termination of Wolfspeed and Infineon Sale Transaction; Earns $12.5M on Non-Deal

February 17, 2017: 7:10am
DURHAM, N.C.--(BUSINESS WIRE)-- Cree, Inc. (CREE), a market leader in LED lighting, today announced that it will terminate the definitive agreement to sell its Wolfspeed Power and RF division (“Wolfspeed”), which includes the silicon carbide substrate business for power, RF and gemstone applications, to Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY). Cree and Infineon have been unable to ... Read More

Hospitality Lighting Sector

February 17, 2017: 7:07am
Lighting in Hospitality Sector Market Research Report covers the present scenario and the growth prospects of the Lighting in Hospitality Sector Market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of Lighting in Hospitality Sector globally.... Read More

Rebate Coverage in US Hits Record High

February 16, 2017: 8:16am
According to Brightswitch's North American Rebate and Incentive database, 79% of the US is covered by active commercial lighting rebate program, the highest since they started measuring coverage 8 years ago. Read more.   ... Read More

Look for Price Increases in 2017, led by BigChinaLED

February 14, 2017: 8:17am
The word ‘influential’ is not the right word to describe China’s growing role in our industry. It is more than that. Much more. There are 30,000 lighting manufactures in China and they have one thing in common.  Jack Zhang.   Mr. Zhang runs a media company in China focused on the Lighting Industry, and he owns the GG LED Conference, which your humble editor recently attended.   You won... Read More

Anti-monopoly Authorities Approve OSRAM's LEDVANCE Sale to Consortium led by M.L.S.

February 14, 2017: 6:31am
UPDATE*** The original China Daily article incorrectly states that the Chinese consortium was formed by Sanan Optoelectronics Co Ltd. It should have read M.L.S. (parent company of Forest Lighting.) China will give the green light soon to a Chinese consortium's acquisition of an LED lighting unit of Osram Licht AG, after the German company gained approval from the anti-monopoly authorities in... Read More

NLB Lighting Colloquy; 2nd Segment: Windows & Daylighting

February 13, 2017: 6:16am
The International Brotherhood of Electrical Workers in Washington, D.C. recently hosted and filmed the National Lighting Bureau's Annual Lighting Colloquy.  The second segment is a fascinating discussion titled “Windows & Daylighting,"    The discussion focused on the use of daylighting to improve indoor-lighting quality and reduce energy consumption.  Panelists include Sara Lappano, a... Read More

Acuity Brands Signs 'Crop Automation' Research Deal with LRC

February 13, 2017: 6:08am
Rensselaer Polytechnic Institute has signed a sponsored research agreement with Acuity Brands Lighting, Inc., a North American supplier of LED-based lighting solutions.  As part of this project, the Center for Lighting Enabled Systems and Applications (LESA) will develop light protocols for specialized LED lighting with integrated feedback for efficient plant growth. ... Read More

Taking Sides: the DLFNY Annual "Debate"

February 13, 2017: 5:53am
Join the DLFNY for a fun and educational evening of lively, sometimes absurd debate between members of the New York City lighting design community. Enjoy a verbal joust as the debaters take sides on some of the most pressing topics in the lighting industry, during a light-hearted evening of discussion mixed with humorous provocation and competition.  The topics have been chosen to provok... Read More

NLB Says NEMA's Lighting System Index Results are 'New Normal'

February 12, 2017: 1:25pm
Shepherdstown, WV – Lighting-equipment demand fell 4.7% between the second and third quarters of 2016, according to data developed by the National Electrical Manufacturers Association (NEMA) for its Lighting-Systems Index (LSI), a seasonality- and inflation-adjusted composite measure of luminaires, ballasts, miniature lamps, large lamps, and emergency lighting shipped throughout the United State... Read More

Echelon Reports 4Q

February 11, 2017: 6:03am
SANTA CLARA, Calif.--(BUSINESS WIRE)--Echelon Corporation (ELON) today announced financial results for the fourth quarter ended December 31, 2016. “This quarter we expanded our connected lighting platform revenues for the fourth quarter in a row, despite overall revenue being lower than expected. We are encouraged by the level of sales engagement and the market response to our vision of connect... Read More

Philips to Sell Another 15% of Philips Lighting

February 09, 2017: 7:45am
Philips (PHG.AS) said on Wednesday it will sell 14.8 percent stake in Philips Lighting (LIGHT.AS), eight months after a successful spin-off and stock market listing of the unit, in line with its plan to exit fully in two years. Read more.... Read More

Linux-based 'Brilliant Control' Allows Alexa to Control Everything: Hue, Nest, Ring, Wink, Honeywell, etc

February 09, 2017: 7:03am
The Linux-based, $149 “Brilliant Control” smart lighting controller has a wall-mounted, 5-inch screen, Alexa voice support, motion control, and video chat.Most home automation devices are controlled exclusively through a mobile or web app, but there’s a growing trend toward wall-mounted displays as well as voice interaction. The new Brilliant Control device from San Mateo startup Brilliant o... Read More

Lumileds Launches Horticulture Calculator

February 09, 2017: 6:53am
To help designers and builders of assimilation lighting for horticulture, Lumileds has launched an online lighting calculator to speed up the design process for horticulture light fittings. With this calculator the user can enter different LED combinations and operating conditions to find the Photosynthetic Photon Flux Density (PPF) and power consumption of a light fitting that is built us... Read More

Orion Reports 23% Increase in Revenue; Loss Drops from $2.0M to $1.1M

February 08, 2017: 6:29am
Orion Energy Systems, Inc. (OESX), a leading designer and manufacturer of high-performance, energy-efficient LED and other lighting platforms, today announced improved financial results for its fiscal 2017 third quarter ended December 31, 2016 (Q3’17). Orion will hold an investor call today at 10:00 a.m. ET (details below). Q3 ‘17 Highlights: Revenue rose 23% to $20.6M versus $16.8M in Q3... Read More

More M&A Activity; OSRAM Acquires Maneri-Agraz Enterprises

February 07, 2017: 7:12am
Yesterday, we wrote about  how Legrand's acquisition of OCL would be the first of several M&A stories in 2017.   We stated that we were following progress regarding one late-stage and a few early-stage discussions. That late-stage story came true today, as OSRAM announces that it has acquired Maneri-Agraz Enterprises to augment Sylvania Lighting Services in the Southwest U.S. Read the st... Read More

Intel's Superbowl Shooting Star Drones have 4 Billion Color Combinations

February 07, 2017: 7:07am
The newly-developed intel shooting star drones have been designed specifically for entertainment purposes, lighting up the sky above music festivals, concerts, or large events. these types of unmanned aerial vehicles are equipped with LED lights that can create over 4 billion color combinations. additionally, the purpose-built quadcopter drone can be easily be programmed to create any kind ... Read More