[High-tech LED News] Recently, GE Lighting announced that the company has signed an agreement to acquire Lightech. Currently, the acquisition is under regulatory approval and is expected to be completed in the next six to eight weeks. The specific purchase price has not been disclosed.
Lightech is a privately held company headquartered near Tel Aviv, Israel. Its main business is to provide the lighting industry with the required LED electronic drivers and halogen transformers. Currently, the company has its own business team in Europe, the United States and Asia, and is a leader in the lighting technology industry.
GE Lighting President and CEO Maryrose Sylvester said that LED drive technology is a key smart power technology for LED lighting systems. GE's power electronics design capabilities will be combined with Lightech's efficient power drive and control technology to provide complete customer satisfaction. System and higher performance drives and controllers.
Lightech CEO Zvi Schreiber said that he was fortunate to be able to join GE Lighting. GE Lighting's broad vision will enable its business to grow and lead the industry in the era of great changes in the lighting industry.
Lightech is a privately held company headquartered near Tel Aviv, Israel. Its main business is to provide the lighting industry with the required LED electronic drivers and halogen transformers. Currently, the company has its own business team in Europe, the United States and Asia, and is a leader in the lighting technology industry.
GE Lighting President and CEO Maryrose Sylvester said that LED drive technology is a key smart power technology for LED lighting systems. GE's power electronics design capabilities will be combined with Lightech's efficient power drive and control technology to provide complete customer satisfaction. System and higher performance drives and controllers.
Lightech CEO Zvi Schreiber said that he was fortunate to be able to join GE Lighting. GE Lighting's broad vision will enable its business to grow and lead the industry in the era of great changes in the lighting industry.
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