2018-12-25

Fagerhult Buys Italy’s iGuzzini for 385 Million Euros

Sweden-based Fagerhult announced on December 21 that it has signed an agreement to acquire iGuzzini, the Italian lighting group for EUR 385 million (US$ 439 million). According to Fagerhult, the price of EUR 385 million will be paid with 74 percent in cash and 26 percent in new Fagerhult shares. The transaction is expected to complete in the first quarter of 2019. With iGuzzini joining the Fagerhult Group will, the largest lighting company in the Nordic countries will increase its presence in Italy, Switzerland, Spain and North America. The combined compan...
Continue reading

The TMF8829 direct Time-of-Flight (dToF) sensor significantly increases resolution — from the previously common 8×8 zones to 48×32 — and it is designed to detect subtle spatial differences and distinguish closely spaced... READ MORE

Introducing the New J Series® 3030S 3V & 6V LEDs Cree LED is expanding the proven J Series 3030 portfolio with four new high-performance LEDs that combine a 757-footprint with outstanding efficacy and drop-in compatibility with popula... READ MORE