Lumileds
 |
|
| Private | |
| Industry | Electronics |
| Founded | 1999 |
| Headquarters | San Jose, California |
|
Key people
|
Pierre-Yves Lesaicherre, CEO |
| Products | LEDs, Lighting, Automotive Lighting |
|
Number of employees
|
1760 (2005) |
| Website | www |
Lumileds Lighting was formed in November 1999 as a joint venture between Philips Lighting and Agilent Technologies. It develops and markets LEDs. Upon Philips' acquisition, Lumileds has become a business unit within Philips Lighting and is known as Philips Lumileds Lighting Company.
In March 2015, Lumileds’ parent company Philips agreed to sell an 80.1 percent stake in the business to the investment fund, Go Scale.[1] In October 2015, Financial Times reported that the CFIUS regulatory body may block the $2.9B deal owing to fears of Chinese subversion of the US high-tech sector.[2]
The deal was cancelled in January, 2016, due to the CFIUS concerns.[3] Philips plans to pursue other buyers.
CFIUS concerns were based on transfer of Gallium Nitride semiconductor technology, which is used in LEDs as well as defense applications. [4]
Contents
LUXEON
LUXEON is the trade name for high power LEDs that dissipate 1 watt or more. Models include LUXEON I, LUXEON III, LUXEON V, LUXEON K2, LUXEON Star, and LUXEON Rebel. They are available in many colors, including white.[5][6][7]
Competitors to Lumileds include Cree Inc., Seoul Semiconductor and Nichia Corporation.
Locations
References
- ↑ Go Scale to fund Philips lighting components buy with $1.93 billion in debt, Reuters, 27 May 2015
- ↑ Duncan Robinson, "US may block Philips’ $3bn Lumileds sale", FT.com, October 26, 2015
- ↑ Philips Calls Off Sale of Controlling Stake in LED Business, New York Times, 22 January 2016
- ↑ Concern Grows in U.S. Over China’s Drive to Make Chips, New York Times, 4 February 2016
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