Lighting Industry News

Sold: Philips Lighting Components Business for $2.8B

March 31, 2015: 9:02am
Philips said it wanted to sell the subsidiary, which will be called "Lumileds," because so many of its customers compete with Philips itself. Approximately 20 percent of component sales are to Philips' own main lighting business.... Read More

Philips’ Trade Secret Case Defeated by Absence of Federal Claim

March 30, 2015: 6:59am
Allegation:  According to court papers, an employee at Philips’ Lumileds unit copied “several thousand files” from the company’s secure network and took them with him to China, where he joined Elec-Tech International Co. ... Read More

Energy Focus Appoints David Weiss--Chairman of NAESCO--to Its Advisory Board

March 30, 2015: 6:56am
SOLON, Ohio, March 27, 2015 (GLOBE NEWSWIRE) -- Energy Focus, Inc. (EFOI), a leader in LED lighting technologies, today announced the addition of David Weiss to its Advisory Board. In addition to being a Partner at Bywater Partners, LLC, a consultancy that includes energy efficiency and renewable energy industries since 2013, he is also the Chairman of the National Association of Energy Service ... Read More

Acuity Brands Declares Dividend

March 30, 2015: 6:54am
ATLANTA- The Board of Directors of Acuity Brands, Inc. (NYSE: AYI; "Company") today declared a quarterly dividend of 13 cents per share.  The dividend is payable on May 1, 2015 to shareholders of record on April 17, 2015... Read More

Charles Stone: "Bad Lighting can Ruin a Good Building"

March 27, 2015: 8:54am
The lighting designer was in Mumbai recently to launch the India-edition of an architectural and lighting magazine, where he summed up his experience of working on the Burj Khalifa as "really tall". He also shared his ideas of lighting up symbolic structures around the globe. Excerpts from a conversation: ... Read More

Cree Goes Rural; Offers 1-year Payback

March 27, 2015: 6:07am
DURHAM, N.C.--(BUSINESS WIRE)-- Cree, Inc. (Nasdaq: CREE) introduces the LED Rural Utility Light (RUL) Series, designed to deliver an unprecedented combination of price, performance and quality to accelerate adoption of LED lighting across rural areas in North America. The first of Cree’s innovative outdoor LED luminaires to address the estimated 10 to 13 million rural street and area light fixt... Read More

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