Lighting Industry News

Investor's Business Daily: Acuity Brands Eyes A Strong Quarter

March 26, 2015: 3:33am
Lighting products supplier Acuity Brands (NYSE:AYI), fresh off a new buyout announcement, looks to maintain its recent run of strong financial growth when it reports fiscal second-quarter earnings next week.... Read More

NVC Lighting Delays Earnings Filing Over Review of ex-CEO's Dealings

March 26, 2015: 3:31am
NVC Lighting Holding (2222), whose former chief executive Wu Changjiang, has been accused of embezzlement, said today it will delay reporting of its annual results for 2014.... Read More

LumenPulse Acquires SDL Lighting for $3.2M

March 26, 2015: 3:30am
umenpulse Inc. (TSX: LMP), a leading manufacturer of high-performance, specification-grade LED lighting solutions, announced today that it has acquired all of the shares of SDL Lighting Inc. (“SDL”), a designer and manufacturer of outdoor LED luminaires, for a total cash consideration of $3.2 million. The transaction is in line with Lumenpulse’s growth strategy, adding fully complementary L... Read More

Bruce Anderson, R.I.P.

March 24, 2015: 3:08pm
From:  Janet  Endrusick, Acuity Brands:  "...Wanted to make it known that Bruce Anderson, well known in the lighting industry for many years, passed away this week.  He worked in various positions in his lifetime, and was loved and respected by everyone who knew him. If there is anyone out there that wants to share some kind words about Bruce, or any old photos you might have, please forward ... Read More

Philips Developing Apple Watch App for Hue

March 24, 2015: 8:20am
Philips has announced that it is working on an Apple Watch app for its Hue smart bulbs.... Read More

Georgia Welcomes Wells Lighting's $30M Investment

March 24, 2015: 7:57am
South Korea-based light maker Wells Lighting will invest $30 million to put its first North American headquarters in Millen, Ga., and create 200 jobs.... Read More

Philips Lighting Sues Troy-CSL Lighting, Inc. (“Troy-CSL”).

March 23, 2015: 1:51pm
COMPLAINT Plaintiffs Koninklijke Philips N.V. (“KPNV”) and Philips Lighting North America Corporation (“PLNA”) (collectively, “Philips”) bring this complaint for patent infringement against Defendant Troy-CSL Lighting, Inc. (“Troy-CSL”). Read the suit here. ... Read More

Seven Common Mistakes Made in Lighting Home

March 21, 2015: 10:04pm
"Homeowners tend to light rooms like they're hosting a convention — too much overhead light," says Robert Gross, an architect at Lee H. Skolnick Architecture + Design. "This doesn't add any warmth or character to a room."  Read all 7 mistakes at Good Housekeeping.... Read More

KKR, CVC Said Near Deal for Philips Lighting Components

March 20, 2015: 9:56am
A shift toward smaller and more energy-efficient light emitting diodes, or LEDs, has intensified competition with new entrants from the semiconductor industry, prompting rival Siemens AG to also exit the lighting market two years ago. The components business made 141 million euros in profit last year, and had 1.42 billion euros in sales.... Read More

Bob Ready, Founder of L.S.I. Industries, R.I.P.

March 19, 2015: 7:25am
EdisonReport can confirm that Bob Ready, Founder of L.S.I. Industries, passed away in his sleep last night.  At this time, we have no more details.  Developing...... Read More

Sign up Now for IESNYC 47th Annual Lumen Gala

March 17, 2015: 10:16am
Editor's Note:  This is one of our favorite annual events as it is an opportunity to spend quality time with the leaders of our industry in a social format.  Edisonreport will cover this event with a camera crew and conduct interviews on site. Join us for the most celebrated lighting event in New York City. Each year, the IESNYC welcomes approximately 700 leaders in lighting design, architect... Read More

Anger in UK Town over LEDs: "Anybody walking about at night won’t be able to see a damn thing”.

March 17, 2015: 9:31am
He has drawn attention to the fact the lights project their beam downwards, which he has claimed makes the area between them dark. He said: “All we have got now is less light between each light station, there is nothing in between.” Read more from the News & Star.... Read More

LED industrial lighting market to reach US$2.366 Billion in 2015

March 17, 2015: 7:02am
LEDinside expects 80W-250W LED high/low bay light products will become the mainstream in the market as improvements are made to the LED technology and to thermal dissipation.... Read More

IndyCar Experiments with LED

March 17, 2015: 6:58am
The system could serve multiple functions, Walker said. The car number can change color to signify caution on the track. A pulsation of the number might mean the car is running low on fuel. Dashes might indicate the driver's use of the overtaking mechanism.... Read More

On Philips, Reuters Gets it Wrong

March 16, 2015: 9:48am
In an article published yesterday about potential suitors for Philips Lighting, Reuters states:  "Lattice Power, a small company which last year secured $80 million in funding by Asia Pacific Resources Development Investment, already has some connection to Philips, as it made James Haworth, a former Philips executive, the head of its U.S. operations."  The problem is that Haworth is the co-owner... Read More

CVC, KKR in Lead to Acquire Philips

March 16, 2015: 5:13am
"Unless CVC and KKR fear they're overpaying, it's their deal," this source said, who asked not to be named as the matter is confidential.... Read More

Book Now for LIGHTFAIR

March 13, 2015: 11:34am
onPeak is the ONLY AUTHORIZED LIGHTFAIR International housing provider. While other hotel resellers may contact you offering housing for your trip, they are not endorsed by or affiliated with LIGHTFAIR. Entering into financial agreements with such companies can have costly consequences, so please help report unauthorized solicitations to LFI Show Management. Book Now!... Read More

Introducing the 3rd Generation of Eye-Tracking, Adaptive Headlights

March 13, 2015: 6:42am
The light system uses a webcam, infra-red sensors and central photo-diodes to scan prominent points of the driver’s head and their facial features. The camera detects movement in the driver’s face, relaying it to a computer which then translates them into commands for two electronic actuators attached to the headlamps. This essentially allows for the driver to control their headlamps using the... Read More

Forest Lighting Parent Company, MLS, Announces IPO in China; Stock has 44% IPO Increase

March 12, 2015: 2:44pm
Forest Lighting Parent Company, MLS, Announces IPO in China  Atlanta, Georgia.  March 11, 2015.  Forest Lighting, the USA subsidiary of Zhongshan, China-based MLS Co. Ltd., has announced that MLS recently completed its Initial Public Offering on the Shenzhen stock exchange in China.  At the close of the first day of trading on February 16, MLS stock closed at $30.95, up 44% from the opening p... Read More

OSRAM Focuses on Service; 30% of Revenue from Automotive

March 12, 2015: 6:40am
Demand from the car industry, which accounts for about 30 percent of total revenue, is also helping to stabilize sales of more traditional lamps as many entry-level vehicles still use halogen lamps, he said. Read the story at Bloomberg.... Read More