Lighting Industry News

Echelon's Loss Narrows

May 06, 2016: 6:24am
SANTA CLARA, Calif.--(BUSINESS WIRE)-- Echelon Corporation (ELON) today announced financial results for the first quarter ended March 31, 2016. “During the first quarter we continued our multi-quarter pivot towards the dynamic intelligent lighting systems market and are starting to see some positive signs of customer traction with our multi-vendor, multi-application ‘connect anything anywher... Read More

David R. Errigo Replaces Mark Lien at NLB

May 05, 2016: 7:10am
Shepherdstown, WV - David R. Errigo, vice president of sales for luminaire manufacturer LumenOptix, has been elected vice chair of the National Lighting Bureau board of directors. He fills the vacancy created by the resignation of Mark S. Lien, L.C., CLEP, CLMC, LEED BD&C, who left Bureau sponsor OSRAM SYLVANIA to become industry relations manager for the Illuminating Engineering Society (... Read More

Merit Capital Invests in Green Creative

May 04, 2016: 9:23am
EdisonReport can confirm that Chicago-based Merit Capital has invested in Green Creative in an effort to fuel continued growth.  Green Creative is one of the fastest growing lighting companies and continues to win awards for their products.  In 2015, Green Creative had 11 products selected for the IES Progress Report.... Read More

Revolution Lighting Plunges 20%, Company Announces Stock Offering To Finance A $10 Million Acquisition

May 04, 2016: 8:32am
Shares of Revolution Lighting Technologies Inc RVLT 2.05%, a provider of advanced LED lighting solutions, plunged 20 percent Tuesday morning after the company announced a common stock offering to finance an acquisition.... Read More

Learned at the Show....

May 03, 2016: 8:57am
LIGHTFAIR 2016 was fascinating and except for a few logistical glitches, was probably the best LIGHTFAIR ever.  Below are a few things we learned at the show:  Disappearing OLEDS.  Very few companies promoting this technology. Organizing to confront DLC:   Six to eight companies are in discussions….developing. Controls:  There were lots of controls and it is interesting that China does ... Read More

Current Announces Edison Award Winners

May 03, 2016: 8:32am
Current, powered by GE, sponsors the annual GE Edison Award competition.  Your humble editor did not score an invitation to the event this year, but neither did many of the other regulars.  Fortunately we had a few sources at the event and here is what we learned: Current host a more intimate affair designed for this year’s nominees, winners and past winners.   It was hosted at the Hard... Read More

Confirmation. Philips Lighting will Launch IPO

May 03, 2016: 7:09am
EdisonReport can now confirm that Philips Lighting will launch an Initial Public Offering on the Euronext Amsterdam Exchange.   Philips will IPO at least 25% of the lighting business and retain the majority holding with the intent to fully sell down the remainder over the next several years.  Developing.... Read more at Reuters.... Read More

LightSteps™ Winner: McWong's Blane Goettle. Designates $300 to the Family of Tim Scheerer

May 02, 2016: 12:54pm
Unofficially, your humble editor visited San Diego in January to get an understanding of the size and scope of the convention center and  this is when we decided to implement LightSteps™.  We had a huge response and are pleased to publish the top 3 steppers.   Name Company  Steps  Blane Goettle McWong  32,371 Randy Shockley B-K Lighting  29,333 David Muehlha... Read More

LIGHTFAIR Grades: B-

May 02, 2016: 11:08am
Maybe the best LIGHTFAIR ever, but… Overall Grade  B- Looking at attendance, products, technologies, union labor and venue—the things that really matter, it may have been the best LIGHTFAIR ever.  The show was so well attended that there were times on Tuesday that it was difficult to move through certain aisles as the show was jam-packed.   We suspect that LFI 2016 will break previous Wes... Read More

DOLED's Next Generation Luminaires (NBL) Winners

May 02, 2016: 10:15am
The Next Generation Luminaires™ (NGL) Solid-State Lighting (SSL) Design Competition seeks to encourage technical innovation and recognize and promote excellence in the design of energy-efficient LED luminaires for commercial, industrial and institutional applications.    ... Read More

Harvatek Settles with Cree

May 02, 2016: 9:51am
DURHAM, N.C--(BUSINESS WIRE)--Cree, Inc. (Nasdaq: CREE), a leader in LED lighting, announced today that it has reached a confidential settlement in its patent infringement lawsuit with Harvatek Corp. Harvatek has agreed to a royalty bearing, worldwide license to the Cree patents-in-suit, thereby ending the lawsuit between the parties. Harvatek will pay Cree a license issue fee and ongoing royaltie... Read More

The Long Trip Home

May 02, 2016: 9:36am
David Yassell, of Stan Deutsch Associate, reports a bit of a nightmare leaving San Diego.  His flight was scheduled to depart Thursday, at 9 p.m. on Jet Blue to JFK.  After sitting on the runway for a few hours, the plane returned with an indicator light issue.  Once it was supposedly fixed, it departed the gate again, only to return with the same issue. At 1:00 a.m. Friday morning the flight ... Read More

Hubbell Combines Type I thru V Optics in ArcheType X

May 02, 2016: 9:35am
Chris Bailey, the Director of Business Development, Product Innovation, gave me a tour of the Hubbell booth at LIGHTFAIR and we saw some fascinating products. Hubbell is entering into Healthcare Lighting in a big way with 12 new fixtures being launched.  Bailey demonstrated a patient light that was very pleasing to the eye and offered the patient an amber light for night. Baily also spoke a bit ... Read More

LIGHTFAIR Announces Best Booths

April 27, 2016: 11:44pm
LFI has  awarded exhibitors that excelled in visual display and product presentation. The 2016 Best Booth Award Winners are:  100 Square Feet: ADOT LIGHTING CO., LTD., Booth 320 200 to 300 Square Feet: ALTMAN LIGHTING, Booth 2819 400 to 500 Square Feet: DASAL ARCHITECTURAL LIGHTING, Booth 5937 600 to 800 Square Feet: PURE EDGE LIGHTING, Booth 3845 900 Square Feet and larger: LUMENPUL... Read More

Cree Beats Street Forecast

April 27, 2016: 7:33am
DURHAM, N.C.--(BUSINESS WIRE)--Cree, Inc. (CREE), a market leader in LED lighting, today announced revenue of $367 million for its third quarter of fiscal 2016, ended March 27, 2016. This compares to revenue of $410 million reported for the third quarter of fiscal 2015, and $436 million reported for the second quarter of fiscal 2016. GAAP net income for the third quarter of fiscal 2016 was $152 t... Read More

The Hubbell Party

April 27, 2016: 7:30am
Unless you are lost at sea you probably heard that Hubbell hosted one of LIGHTFAIR's premier events Tuesday night. Over 2,000-plus of Hubbell's closest friends and customers celebrated flight on the USS Midway during an evening that featured rock violinist Bobby yang, rides on the Midway's flight simulators and pictures with the ship's iconic props. It's an unprecedented, refreshing and highly vis... Read More

The Parties!

April 27, 2016: 7:07am
Mrs. Reid and I had a pact that we would partake of no more than two glasses of wine per party, and it worked!  We started at Maxlite at 5pm and they had a very nice event. Being on the showroom floor gives them a certain efficiency during their party because there is always the opportunity for a customer to learn about products over drinks. Maxlite’s LIGHTFAIR presence continues to grow as do... Read More

LIGHTFAIR Innovation Awards

April 26, 2016: 1:44pm
Most Innovative Product of the Year:  Philips Gardco SoftView LED parking garage luminaire.  A uniformly edge-lighted lens and 4% uplight offer increased visual comfort to eliminate the cave effect for parking. Technical Innovation Award:  The DMF Lighting OneFrame - DRDHNJD Recessed LED Downlight, designed for multifamily buildings.  This fire and sound rated recessed LED downlight simplifie... Read More

Philips Shares Fall as it Considers IPO

April 26, 2016: 8:25am
Philips shares slumped the most in eight months on prospects the Dutch manufacturer will sell its lighting division through an initial public offering, earning less than a private sale, which has so far been unsuccessful. ... Read More

High Visibility. Immelt Discusses Daintree Acquisition

April 26, 2016: 8:20am
In an earnings call with investors on Friday, GE (NYSE: GE) CEO Jeff Immelt said Daintree's core technology, called ControlScope, was complementary to Current's intelligent lighting technology, called Predix. Daintree offered a "very unique technology," and the acquisition will be a precursor to some big customer wins for Current, Immelt said in the earnings call.... Read More