May 21 2013
Bridgelux Inc., a leading developer and manufacturer of LED lighting technologies and solutions, today announced the closing of an agreement with Toshiba Corporation, a world-leading electronics manufacturer, which will strengthen and extend their strategic technology collaboration.
The agreement was originally announced on April 22, 2013, and the companies have now completed the transfer of Bridgelux GaN-on-Silicon technology assets to Toshiba and inaugurated this new phase of GaN-on-Silicon LED collaboration, including an expanded licensing and manufacturing supply relationship. Bridgelux will continue to develop and market its leading GaN-on-Sapphire LED products as a fabless solid state lighting company.
"We are thrilled to be moving into the next stage of our joint work with Toshiba to advance GaN-on-Silicon-based solid state lighting technologies," said Brad Bullington, Chief Executive Officer of Bridgelux. "As we outlined last month, Bridgelux will focus on commercializing, productizing and bringing to market GaN-on-Silicon technologies alongside a proven global scale semiconductor manufacturer. At the same time, we remain committed to our GaN-on-Sapphire business and look forward to continuing to provide world-class innovation and service to our customers."
About Bridgelux
Bridgelux is a leading manufacturer of lighting technologies and solutions, transforming the $40 billion global lighting industry into a $100 billion market opportunity. Based in Livermore, California, Bridgelux has been a pioneer in solid-state lighting (SSL) for the past decade, driving its LED materials technology development with the goal of delivering the most cost effective and highest quality lighting solutions.