2019-12-25

Lumibird to Acquire Ellex’s Laser and Ultrasound Business

French laser company Lumibird announced that it has signed an agreement with the Australian company Ellex Medical Lasers Limited to acquire Ellex’s laser and ultrasound business for AUD 100 million (US$ 69.17 million). This acquisition will help LUMIBIRD to enlarge its business into the diagnosis and treatment of ocular diseases. Under the transaction agreed on December 23, 2019, the Lumibird Group will acquire all of Ellex’s laser and ultrasound activities, with pro forma revenues of AUD 65.5 million based on the year ended June 30, 2019. The a...
Continue reading
2019-04-30

LiDAR Companies Continue Business Expansion: Lumibird Reports Revenue Growth and Cepton Sets up New UK Office

Fueled by the rising autonomous driving technology applications, LiDAR sensor manufacturers have reported business growth and expansion. The LUMIBIRD Group announced a robust revenue growth for 1Q19 while Cepton opened a new office in the UK to accelerate EMEIA business. Paris-based laser specialist Lumibird posted a revenue of EUR 24.2 million (US$ 27.07 million) for the first quarter of 2019 with an on-year increase of 35.2%. The three strategic business lines of the company, LiDAR, Defense and Medical, are delivering strong growth in value. LiDA...
Continue reading
Recently, OMINSU Vietnam signed a strategic agreement with Seoul Semiconductor, marking a pivotal turning point in elevating the “Made in Vietnam” LED lighting brand. At the signing ceremony, Vietnam’s OMINSU and Seoul Semicond... READ MORE
From June 19 to 22, 2025, Samsung Electronics will collaborate with globally renowned artists to celebrate global diversity, artistic innovation and the power of display technology at Art Basel in Basel 2025, the world’s largest art fair he... READ MORE