2019-06-19

Business Acquisitions: ERP Power Buys Lumenetix; Powerlite Acquires Fitzgerald Lighting

Luminaires manufacturers and LED power suppliers in the UK and US companies are merging to speed up LED lighting applications and overcome difficulties in the industry. ERP Power, a portfolio company of Angeles Equity Partners who provide connected LED drivers for the lighting industry, announced the acquisition of Lumenetix. Lumenetix had developed tunable color light engines and digital controls designed to deliver interactive lighting experiences. With the acquisition, ERP aims to combine its power control and Lumenetix’ tunable light to reduce origina...
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Samsung Electronics America is enhancing the fan experience at the Walmart Arkansas Music Pavilion (AMP) with an ecosystem of Outdoor LED video walls, TVs and Galaxy tablets. From the front row to the farthest corners of the outdoor venue, Sam... READ MORE

According to The Elec, Samsung has announced plans to launch a 115-inch RGB Micro LED TV later this year. The new model will be part of the company’s Neo QLED TV lineup but positioned as an ultra-high-end version. In contrast, current Ne... READ MORE