2012-10-16

GE Lighting, Oracle to Create New Employment Opportunity for Hungary

GE Lighting and Oracle Corp. have announced to strengthen their operations in Hungary, catering for the government's goal to boost employment. For GE Lighting, it is to launch an LED development laboratory, reorganizing engineers from other Hungarian operations, while Oracle will set up an 'Applications Lab' in Hungary, increasing the current number of employees, which is 200, by 10%, and is looking to increase this. Csaba Remenyi, managing director of Oracle Hungary said, "This is not brain drain; we export knowledge but brains themselves remain...
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ams OSRAM and Traxon Lighting Ltd. officially announced the long-term extension of their strategic brand licensing partnership well into the next decade, reinforcing the continued presence of the OSRAM brand in key Asian markets. Several light... READ MORE

Cree LED, a Penguin Solutions brand (Nasdaq: PENG), and Blizzard Lighting LLC (‘Blizzard’) today announced that they have reached a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED’s p... READ MORE