Cree, Inc., a market leader in LED solid-state lighting components, today announced the signing of a definitive agreement to acquire privately-held LED Lighting Fixtures, Inc. (LLF) in a cash and stock transaction valued at approximately $77 million, plus up to an additional $26.4 million over a three-year period.
Following a fifth consecutive year of increased sales and profitability in 2007, Corning Incorporated's strong innovation portfolio has the company excited about its future growth prospects, Wendell P. Weeks, chairman and chief executive officer, will tell analysts and investors today. "Our strategy is to grow through global innovation," he will say.
Corning Incorporated will tell investors today that it expects global demand for liquid crystal display (LCD) glass to grow 25% to 30% in 2008, representing an increase of more than 450 million square feet of glass. A compound annual growth rate of 25% is expected for the 2007 to 2009 time period.
At Corning Incorporated's annual investor meeting today in New York, the "800-pound gorilla" in the room will be a thin and elegant sheet of glass tough enough to withstand daily use and abuse – without scratching.
Markets for displays, signage, lighting, RFID tags, sensors, solar panels, batteries and other products manufactured using printing technology will reach $30.1 billion by 2015 according to a new report from NanoMarkets.
Automotive Lighting, a leading German exterior automotive lighting manufacturer, has recognized four companies for their outstanding contribution to automotive lighting in 2007.
Multi Radiance Medical, in partnership with Rich-Mar Corporation, has announced a breakthrough with the introduction of its new therapeutic laser, Laser Prism with Area Identification Matrix (AIM) and its FDA 510(k)-cleared LaserStim accessory, to speed relief to chronic and acute pain sufferers.
Exar Corporation has released the SP7600 LED driver capable of driving high power LEDs up to 2Amps.
Push-buttons on coffee dispensers and large industrial machines are often hard to see unless they are illuminated. A structured flat thin-film keypad based on organic light-emitting diodes provides users with information via illuminated symbols.
Alma Lasers Ltd., a global developer and marketer of laser, intense pulsed light, and radiofrequency-based aesthetic devices, announced today that it will unveil five new products at the 66th Annual Meeting of the American Academy of Dermatology (AAD) in San Antonio, Texas, from February 2nd to 4th.
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