2016-12-16

Hot Picks of the Week Dec.12-16

Towards the end of 2016, more mergers and acquisition talks have been concluded. CFIUS opposition against Go Scale Capital acquiring Lumileds for US $3.3 billion earlier in January resulted in the wipe out of US $1.3 billion in company value for the LED chip and component maker. Lumileds parent company Philips Lighting sold the independent legal entity for US $2 billion to Apollo Global Management.
Continue reading

Daktronics (NASDAQ: DAKT), the leading U.S.-based designer and manufacturer of dynamic video communication displays and control systems for customers worldwide, today announced the acquisition of the intellectual property (IP), equipment asset... READ MORE

On December 9, the three-day Live Design International (LDI) show concluded successfully in Las Vegas, USA. As the final major industry event of the year, Absen made a strong appearance with a lineup of all-star products, highlighting its tech... READ MORE