Nualight, a specialist LED lighting technology company has reached an agreement to sell certain assets from Lumotech, its driver and motion detector business to California, USA based company, Fulham. With its acquisition, Fulham will add that product portfolio to their existing range of LED drivers, modules, engines and further lighting solutions. Fulham will also strengthen its European presence through Lumotech’s existing sales channels, bringing new sustainable lighting solutions to global OEMs and distributors. The sale is expected to complete on July 01, 2016. The terms of the transaction remain confidential.