LEDs Magazine Connects the Dots. Could Feilo Sylvania Buy GE Lighting's Consumer Business?

Late last year, GE was laying off around 300 lighting plant employees in Hungary, as the Budapest Business Journalreported via news agency MTI…Meanwhile, in London, sources say that Feilo is getting ready to move some of its headquarters staff to Budapest. Hmmmm. Double hmmmm, because in December, around the time of GE’s Hungarian layoffs, Feilo also announced that it is closing its factory in Tienen, Belgium, implying that it would seek lower-cost locations. Could that mean Hungary — where the right lighting factory or two or seven might already conveniently exist, including space dedicated to the sort of smart lighting that Current focuses on and that Feilo values? 

Read this complete fascinating article at LEDs Magazine.