Lumileds

Lumileds Holding B.V.
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.com

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 in 2005, Lumileds became a business unit within Philips Lighting and is known as Philips Lumileds Lighting Company.[1]

In March 2015, Lumileds’ parent company Philips agreed to sell an 80.1 percent stake in the business to the investment fund, Go Scale.[2] 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.[3] The deal was cancelled in January, 2016, due to the CFIUS concerns.[4] 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.[5]

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.[6][7][8]

Competitors to Lumileds include Cree Inc., Seoul Semiconductor and Nichia Corporation.

References

  1. ↑ "Philips takes control of LED maker Lumileds". LEDs Magazine. 15 August 2005. Retrieved 21 November 2016.
  2. ↑ Go Scale to fund Philips lighting components buy with $1.93 billion in debt, Reuters, 27 May 2015
  3. ↑ Duncan Robinson, "US may block Philips’ $3bn Lumileds sale", FT.com, October 26, 2015
  4. ↑ Philips Calls Off Sale of Controlling Stake in LED Business, New York Times, 22 January 2016
  5. ↑ Concern Grows in U.S. Over China’s Drive to Make Chips, New York Times, 4 February 2016
  6. ↑ "LUXEON Rebel and LUXEON Rebel ES Color Portfolio". Retrieved 2015-05-21.
  7. ↑ "LUXEON Z Colors". Retrieved 2015-05-21.
  8. ↑ "LUXEON CoB with CrispWhite Technology". Retrieved 2015-05-21.

External links

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