Lighting Industry News

Philip Lighting Stock Rises 10% in IPO; Ticker Symbol "LIGHT"

May 29, 2016: 7:39am
Philips' lighting division rose above its IPO (initial public offering) price at the Amsterdam stock exchange on Friday morning as the company's chief executive told CNBC that he was "very happy" with the market debut.... Read More

Acuity Brands to Close Mark Lighting Facility

May 27, 2016: 7:09am
We have been working on this story all week and EdisonReport can finally confirm that Acuity Brands has decided to close its Mark Architectural Lighting Facility in Edison, NJ.  We can further confirm that plant employees have been notified.  We are told that most of the manufacturing will be picked up by the Winona Lighting facility.   Developing...... Read More

AEA Investors to Purchase Generation Brands

May 26, 2016: 12:04pm
Skokie, Ill., May 25, 2016—AEA Investors, a leading global private investment firm, has agreed to purchase Generation Brands, one of America’s prominent lighting and fan companies with its Feiss, LBL Lighting, Monte Carlo Fans, Sea Gull Lighting and Tech Lighting brands, from Quad-C Management, Inc. According to Generation Brands CEO Josh Weiss, “We’re extremely excited about this transac... Read More

EdisonReport's In-Basket

May 26, 2016: 8:59am
We are working on two major stories this week: Major conglomerate to close facility and move production to  sister plant. Large company in negotiations to purchase controls company. Developing....... Read More

GE (not powered by Current) Launches “Lights for Life Challenge”

May 26, 2016: 8:46am
Editor's Note:  It is interesting that this LED program is through GE instead of Current..... GE is taking advantage of the of the culture of home-tinkerers and engineers to develop new products and product capabilities.With the help of Maker and’s new partnership, GE has launched the “Lights for Life Challenge” at Maker Faire Bay Area.  GE’s challenge calls upon engineers, ... Read More

Philips Lighting IPO Price May Top 20 Euros

May 26, 2016: 8:40am
May 25 Shares in the initial public offering of Philips' Lighting division could price above 20 euros, people familiar with the matter said on Wednesday. Earlier on Wednesday, sources had indicated Philips was looking at a 19-20 euro range for the shares, valuing the company's equity at between 2.85 billion euros and 3 billion euros ($3.2-$3.3 billion).... Read More

Hue Turns White

May 25, 2016: 6:45am
Philips today announced a new HomeKit-compatible Hue-branded lighting product, the Philips Hue White Ambiance. Like the standard Philips Hue lighting set, the White Ambiance ships with a HomeKit hub and bulbs, but it's aimed at people who want adjustable white light without a multitude of color options.... Read More

Legrand Purchases CP Electronics

May 25, 2016: 6:43am
LIMOGES, France--(BUSINESS WIRE)--Regulatory News: After announcing six acquisitions since the beginning of the year that together represent annual sales of around €130m, Legrand (Paris:LR) today announced the purchase of CP Electronics, the UK leader in energy-efficient lighting control.... Read More

Solar Street Lighting Market to Expand Rapidly at 23.23% CAGR 2016-2024

May 25, 2016: 6:34am
Transparency Market Research has released a new market report titled "Solar Street Lighting Market, by Volume, by Revenue - Industry Analysis, Size, Share, Growth Trends, and Forecast, 2016-2024." According to this report, the solar street lighting market revenue stood at US$2.72 bn in 2015 and is anticipated to reach US$17.78 bn by 2024 at a CAGR of 23.56% from 2016 to 2024. Solar street... Read More

Philips Lighting Recalls Metal Halide Lamps Due to Burn and Laceration Hazards

May 24, 2016: 8:52pm
Philips Lighting Recalls Metal Halide Lamps Due to Burn and Laceration HazardsWASHINGTON, May 24, 2016 /PRNewswire-USNewswire/ -- SummaryName of Product: Metal Halide Lamps        Hazard: The outer bulbs can shatter, resulting in hot internal pieces of... Read More

Triangle Business Journal: Cree Targets Streetlights

May 20, 2016: 7:21am
Durham LED maker Cree announced a new, more efficient street light this week – yet another innovation push designed to help the technology firm regain its footing. Erik Milz, vice president of product marketing for outdoor lighting at Cree, says Durham – where the company is headquartered – is vital to the latest innovation.... Read More

IES Names Tom Butters as New Director of Education

May 19, 2016: 7:18am
New York, NY May 18, 2016 — The Illuminating Engineering Society of North America (IES) is pleased to announce and welcome Tom Butters as the new IES Director of Education, effective August 1, 2016. This new position was established to address the growing need for timely, accessible, and objective continuing education courses in the lighting industry and the expanding role of education within I... Read More

Philips Says Lighting Division IPO Could Raise More Than $950 Million

May 18, 2016: 7:38am
Koninklijke Philips NV set the pricing for the initial public offering of its lighting unit on Monday, saying the spinoff could raise between €694 million and €844 million—or between $785 million and $954 million—for the company.  The Dutch electronics group said it wants to sell shares in the unit at between €18.50 and €22.50, implying a market capitalization of €2.78 billion to ... Read More

NEMA to DOLED: "Respect the Consumer’s Right to Decide..."

May 17, 2016: 1:49pm
EdisonReport has obtained NEMA's response to the U.S. Department of LED's (DOLED) Notice of Proposed Rulemaking for General Service Lamps which effectively bans CFL and Halogen lamps.  EdisonReport is told that if the DOLED's rule stands, about 500 to 800 GE and OSRAM jobs will be lost in Pennsylvania, Ohio, and Kentucky.  EdisonReport has a different take on the matter.  Pennsylvania, which h... Read More

RAB Sues ABB Lighting

May 17, 2016: 1:33pm
EdisonReport has received a copy of RAB's complaint agains ABB Lighting regarding patent disputes. Recall from other litigation, that ABB Lighting is not related to ABB. Read the complaint here. ... Read More

Godfather Announces More Free Money: $2.3M for Lab Partnership

May 16, 2016: 12:42pm
New DOE Lab Partnership Funding Opportunity DOE has announced a laboratory partnership funding opportunity that may be of interest to the solid-state lighting community. The second round of funding for DOE's Technologist in Residence (TIR) program will provide up to $2.3 million to support DOE's national laboratories in teaming up with manufacturers to tackle technical challenges of interest to t... Read More

Register Now for the 'Most Anticipated Lighting Technology Conference of the Year' ?

May 16, 2016: 7:55am
What Are You Waiting For?  Registration for the 2016 DLC Stakeholder Meeting is now open! Don't waste a second to secure your spot at the 'most anticipated lighting technology conference of the year'. Click here for details on this anticipated event. ... Read More

Philips IPO Values Lighting at 3.3B Euros ($3.7USD)

May 16, 2016: 7:28am
EdisonReport FLASHBACK:  In 2007, Philips purchased Genlyte for 2.38 B Euros ($2.7B USD) Royal Philips NV is seeking to raise as much as 970 million euros ($1.1 billion) from the initial public offering of its lighting unit as it pushes ahead with a plan to list on Amsterdam’s stock exchange after a private sale didn’t result in a buyer. Philips is planning to sell 37.5 million sh... Read More

ADLT (Venture Lighting) Co-President Resigns; Sabu Krishnan to Continue as President and COO

May 13, 2016: 12:13pm
ADLT Advises Notice of Co-President/CFO’s Resignation  GLENWILLOW, Ohio, United States – 12 May 2016 – Advanced Lighting Technologies, Inc. (the Company) advises that Wayne Vespoli, on May 2, 2016 gave notice of his resignation as co-president, chief financial officer and director of the Company (and its relevant subsidiaries and affiliates). Mr. Vespoli announced his resignation in order... Read More

LIGHTFAIR Keeps Growing and Growing and Growing

May 13, 2016: 9:42am
Yesterday LIGHTFAIR International announced that 2016 was the largest trade show to date and broke West Coast attendance records.  Regarding exhibition space. LFI 2015 had 268,580 square feet of exbhitors and 2016 beat that number with 269,680 and I felt like I walked every one of those square feet. Attendance was very strong also at  27,628 which beat the 2014 West Coast record in Las Vegas o... Read More