News


LED Lighting as a Disinfectant

May 10

Brentwood, TN, May 10, 2019 –Hospital-acquired infections are one of the top preventable illnesses in medical facilities and a special type of LED lighting can act as a continuous disinfectant and reduce the opportunity for those infections. In a video, produced by the National Lighting Bureau and the EdisonReport, Colleen Costello of Vital Vio andRead more


Revolution Lighting Receives Delisting Determination Letter from Nasdaq

May 9

STAMFORD, Conn., May 08, 2019 (GLOBE NEWSWIRE) — Revolution Lighting Technologies, Inc. (RVLT) (“Revolution Lighting” or the “Company”), a global provider of advanced LED lighting solutions, announced today that on May 2, 2019, the Company received a delisting determination letter from the staff of the Listing Qualifications Department of the Nasdaq Stock Market, informing theRead more


OSRAM Reports 13.5% Drop in Sales

May 8

Osram’s performance in the second fiscal quarter was as expected. Revenue on a comparable basis fell by 13.5 percent to 862 million euros in the period from January to the end of March. The adjusted EBITDA margin was 8.1 percent. When preliminary key figures were published at the end of March, the lighting company hadRead more


H.E. Williams, Inc. Acquires Platformatics, Inc.

May 7

H.E. Williams, Inc. is pleased to announce the acquisition of Platformatics, Inc., a provider of network-based systems for the smart building Internet of Things (IoT) industry. The Platformatics solutions improve end-user comfort, productivity and safety through Power over Ethernet (PoE) connectivity. PoE provides a standardized infrastructure for LED lighting, HVAC, security and other building systems.Read more


Detroit Sues Leotek, Claims Upward of 20,000 LED Lights are Prematurely Dimming and Burning Out

May 7

Lawsuit further alleges the manufacturer breached its agreement by shipping untested and/or defective products assembled in Taiwan, which were required by contract, to be assembled domestically. The city’s lighting authority fears tens of thousands of streetlights are in jeopardy of failing just a few years after being installed, threatening to put some of Detroit’s neighborhoods back into the dark.


Cree to Invest $1 Billion to Expand Silicon Carbide Capacity

May 7

DURHAM, N.C.–(BUSINESS WIRE)– As part of its long-term growth strategy, Cree, Inc. (Nasdaq: CREE) announces it will invest up to $1 billion in the expansion of its silicon carbide capacity with the development of a state-of-the-art, automated 200mm silicon carbide fabrication facility and a materials mega factory at its U.S. campus headquarters in Durham, N.C.Read more


Revolution Announces Resignation of Chief Financial Officer

May 7

STAMFORD, Conn., May 06, 2019 (GLOBE NEWSWIRE) — Revolution Lighting Technologies, Inc. (RVLT) (“Revolution Lighting” or the “Company”), a global provider of advanced LED lighting solutions, announced today that James DePalma, a director and the Chief Financial Officer of the Company, resigned for personal reasons effective May 2, 2019. Mr. DePalma has offered to makeRead more