Future Lighting Solutions, a provider of solid-state lighting and supply chain solutions, and OSRAM Digital Systems, specializing in lighting technology solutions, have announced a new franchise partnership encompassing OSRAM’s comprehensive range of drivers, light engines and controls for lighting applications. The agreement covers Asia.

Philips Lighting, a global leader in lighting, announced it has completed its previously announced share buyback program and the cancellation of 3.5 million of its own shares.

GaN Systems, the world’s leading provider of GaN power transistors, announced the closing of an investment round led by BMW’s investment arm, BMW i Ventures. Consistent with its investment strategy, BMW i Ventures recognizes that GaN Systems’ products maximize the efficiency of electronic systems while dramatically reducing size, weight and overall system cost. The investment will be used to expand global sales and accelerate new product development. BMW i Ventures joins the existing investors: BDC Capital, Chrysalix Venture Capital, Cycle Capital Management, RockPort Capital and Tsing Capital.

Osram is planning on establishing a joint venture with Continental, a German automotive manufacturing company, to develop products for automotive lighting, reported Reuters.

Lumileds announced that funds affiliated with Apollo Global Management, LLC (together with its subsidiaries, “Apollo”), and Royal Philips completed their previously disclosed transaction, resulting in Lumileds operating as an independent company. Lumileds develops lighting solutions for the automotive, mobile, IoT and illumination segments, enabling customers to push the boundaries of light.

The world of lighting touches almost all areas of our lives. And like so many things, that world is evolving quickly. As part of that evolution, Galco Industrial Electronics, Inc. announced today its acquisition of and partnership with Lighting Supply Company.

ERP Power LLC (ERP), a leading provider of small, smart and efficient LED drivers for the lighting industry, has signed-up nine manufacturer representatives to accelerate new design wins with leading architectural, commercial and industrial lighting fixture designers.  The manufacturer representative network of experienced salespeople in the power electronics industry will be responsible for selling ERP’s LED drivers by working closely with lighting fixture manufacturers across the Americas. 

Cree, Inc., a market leader in LED lighting, today announced consolidated revenue of $347 million from continuing operations, and $54 million from discontinued operations, for a combined revenue of $401 million for its second quarter of fiscal 2017. This represents an 8% decrease compared to combined revenue of $436 million ($394 million from continuing operations and $42 million from discontinued operations) for the second quarter of fiscal 2016 and an 8% increase compared to the first quarter of fiscal 2017. Combined GAAP net income for the second quarter of fiscal 2017 was $6 million, or $0.06 per diluted share, compared to combined GAAP net income of $13 million, or $0.13 per diluted share, for the second quarter of fiscal 2016. On a non-GAAP basis, combined net income for the second quarter of fiscal 2017 was $30 million, or $0.30 per diluted share, compared to combined non-GAAP net income for the second quarter of fiscal 2016 of $28 million, or $0.28 per diluted share.

Phoseon Technology, the leader in LED curing solutions, today announced an agreement with LED Specialists, Inc. which has twelve years of experience in designing LED based systems over a wide range of markets and, over the past three years, been integrating UV LED lamps in industrial curing applications.

For one weekend a year, Kitzbühel becomes the focal point of the winter sports world – the venue for the undisputed highlight of the Alpine World Cup season. Every January thousands of sports fans make their way to probably the most famous ski slope in Austria – the Streif – in the north-east corner of Tyrol. This year’s event takes place from 20th to 22nd January 2017, when visitors can look forward to thrilling races on the Hahnenkamm slopes and hours of entertainment near the finishing line at the KitzRaceClub. The Zumtobel Group is the official lighting partner for the third time in 2017 and has now combined a series of innovative solutions to perfectly showcase the KitzRaceClub.

Telensa, the global leader in connected street lighting and Smart City applications, today announced that it has appointed Jack Hanley as Vice President Sales for North America, signalling the next stage of the company’s international growth strategy. Telensa has more than a million streetlights connected worldwide, with key utility and municipal deployments established in the US.

Elemental LED, a leading U.S. based engineering and technology company that manufactures LED lighting solutions announced today a partnership with Boston Light Source that extends its Diode LED product brand into the state of Massachusetts. Elemental LED and its manufacturing and wholesale division, Diode LED, provides a wide variety of superior quality linear, task, and accent LED lighting solutions for both commercial and residential applications.

Universal Display Corporation, enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, announced today that the United States Patent and Trademark Office (USPTO) has granted Universal Display its 2,000th patent, U.S. Patent No. 9,231,218 (the '218 Patent) for a new family of “Phosphorescent Emitters”. Additionally, UDC’s 2,001st patent was issued on the same day, U.S. Patent No. 9,231,227 (the '227 Patent) for a novel “OLED Display Architecture”.

In a recent interview with German magazine Manager Magazin, Siemens CEO Joe Kaeser affirmed he was surprised by Osram’s R&D investment plans, and noted the company had not sold a single share it had in Osram.

Refond Optoelectronics recently announced its largest shareholder and company CEO Gong Weibin has sold out 5 million stocks, or about 2.29 percent of shares on Sept. 11, 2014, according to a Securities Times report.