2011-07-21

GE Lighting Spent $15-20 million to Acquire Lightech

Reportedly, GE Lighting has injected  $15-20 million to acquire  Lightech Ltd., which is still caught in legal proceedings following the failure of its acquisition by Carmanah Technologies Corporation. It’s said that Lightech was formed by David Schreiber and his son Zvi, who serves as CEO in 1992. The company specializes in components for managing the energy supply to lighting units in order to save energy. The company designs drivers and transformers for use in LED and halogen lighting which it manufactures in China....
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Signify, the world leader in lighting, announces Philips Skylight, a new ceiling lighting range designed to recreate the feeling of daylight indoors. Inspired by the natural brightness, depth and rhythm of sunlight, Philips Skylight combines a... READ MORE

The awarded program reinforces FORVIA’s position as a key player in next-generation in-cabin safety systems. The solution combines a traditional interior mirror with a seamlessly integrated camera, designed to monitor both driver behavio... READ MORE