Irish LED specialist Nualight buys Dutch LED specialist

Sept. 23, 2011
Retrofits of refrigerated food cases in grocery stores were some of the early applications for LED lighting because LEDs operate fine in cold temperatures, unlike some lighting technologies. A post at the website Silicon Republic said Irish lighting ...

Retrofits of refrigerated food cases in grocery stores were some of the early applications for LED lighting because LEDs operate fine in cold temperatures, unlike some lighting technologies. A post at the website Silicon Republic said Irish lighting specialist Nualight has acquired Lumoluce, a Dutch LED lighting technology firm, for just under €11 million (approximately $15 million). The site said the acquisition of Lumoluce is expected to bring Nualight’s revenues to just over €25 million for 2011 (approximately $34 million).