2016-10-07

Hot Picks of the Week Oct.3- 7

Osram has been very active over the last past months, and recent market rumors have resurfaced about interested Chinese buyers. This time the rumored acquisitor is its Chinese rival San’an Opto, who will mostly be looking into merging Osram Opto, according to LEDinside sources. San’an Opto is rumored to be offering a generous EUR 7.2 billion for the German LED company, but there are also some estimating the German company can fetch a sales price of nearly EUR 8 billion.
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Signify, the world leader in lighting, announces that Kwekerij Bolleboom in Bleiswijk and Kwekerij Bazuin in Pijnacker in the Netherlands are investing in Philips GreenPower LED toplighting force elite and Philips GrowWise control for their cu... READ MORE

Cree LED®, a Penguin Solutions brand (Nasdaq: PENG), and Promier Products, Inc. today announced that they have reached a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED’s patents related to L... READ MORE