Lumileds is a lighting company that develops, manufactures, and distributes

LEDs A light-emitting diode (LED) is a semiconductor device that emits light when current flows through it. Electrons in the semiconductor recombine with electron holes, releasing energy in the form of photons. The color of the light (cor ...

light bulb An electric light, lamp, or light bulb is an electrical component that produces light. It is the most common form of artificial lighting. Lamps usually have a base made of ceramic, metal, glass, or plastic, which secures the lamp in the soc ...

s, and related products for

automotive lighting The lighting system of a motor vehicle consists of lighting and signalling devices mounted to or integrated into the front, rear, sides, and in some cases the top of a motor vehicle. They illuminate the road ahead for the driver and increase th ...

, general lighting, and specialty lighting. Lumileds operates as a private company, having funds affiliated with

Apollo Global Management Apollo Global Management, Inc. is an American global private-equity firm. It provides investment management and invests in credit, private equity, and real assets. As of March 31, 2022, the company had $512 billion of assets under management, ...

History

Lumileds was formed in November 1999 as a joint venture between

Philips Koninklijke Philips N.V. (), commonly shortened to Philips, is a Dutch multinational conglomerate corporation that was founded in Eindhoven in 1891. Since 1997, it has been mostly headquartered in Amsterdam, though the Benelux headquarters is ...

Lighting and

Agilent Technologies Agilent Technologies, Inc. is an American life sciences company that provides instruments, software, services, and consumables for the entire laboratory workflow. Its global headquarters is located in Santa Clara, California. Agilent was establi ...

. Upon Philips' acquisition in 2005, Lumileds became a business unit within Philips Lighting and became 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. In October 2015, ''

Financial Times The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nik ...

'' reported that the

Committee on Foreign Investment in the United States The Committee on Foreign Investment in the United States (CFIUS, commonly pronounced "Cifius" ) is an inter-agency committee of the United States government that reviews the national security implications of foreign investments in U.S. companie ...

(CFIUS) regulatory body may block the $2.9B deal owing to fears of Chinese subversion of the US high-tech sector. The deal was cancelled in January, 2016, due to the CFIUS concerns. CFIUS concerns were based on transfer of

gallium nitride Gallium nitride () is a binary III/ V direct bandgap semiconductor commonly used in blue light-emitting diodes since the 1990s. The compound is a very hard material that has a Wurtzite crystal structure. Its wide band gap of 3.4 eV affords ...

semiconductor technology, which is used in LEDs as well as defense applications. In December 2016, Philips announced that it has signed an agreement to sell an 80.1% interest in Lumileds to certain funds managed by affiliates of

. Philips retains the remaining 19.9% interest in Lumileds. The transaction was completed in July 2017, under customary closing conditions, including the relevant regulatory approvals. IP strategist Keaton Parekh helped separate the intellectual property portfolio after the spin off from Philips.

Products and applications

The company sells products for automotive, illumination and specialty applications, with automotive lighting comprising 60% of its sales in 2015. In architectural lighting they released the Luxeon C in 2015, a family of high-power LED light sources capable of delivering multiple colors from a single focal length. Lumileds LEDs are used in the

Bridge of Peace The Bridge of Peace ( ka, მშვიდობის ხიდი, ''mshvidobis khidi'') is a bow-shaped pedestrian bridge, a steel and glass construction illuminated with numerous LEDs, over the Kura River, linking the Rike Park with Old town in ...

, an illuminated pedestrian bridge in

Tbilisi Tbilisi ( ; ka, თბილისი ), in some languages still known by its pre-1936 name Tiflis ( ), is the capital and the largest city of Georgia, lying on the banks of the Kura River with a population of approximately 1.5 million pe ...

, and in the

Times Square Ball The Times Square Ball is a time ball located in New York City's Times Square. Located on the roof of One Times Square, the ball is a prominent part of a New Year's Eve celebration in Times Square commonly referred to as the ball drop, where the ...

made by

Waterford Crystal Waterford Crystal is a manufacturer of lead glass or "crystal", especially in cut glass, named after the city of Waterford, Ireland. In January 2009, the main Waterford Crystal manufacturing base on the edge of Waterford was closed due to the ...

Patent dispute with Epistar

Lumileds had a history of patent disputes with competitor Epistar over the use of AlInGaP LED technology. However, in September, 2009, Philips Lumileds signed an agreement to license AlInGaP technology to Epistar.

References

External links

* {{official website, http://www.lumileds.com/ Manufacturing companies established in 1999 Light-emitting diode manufacturers Manufacturing companies based in Amsterdam Dutch brands 1999 establishments in the Netherlands Companies that filed for Chapter 11 bankruptcy in 2022

History

Products and applications

Patent dispute with Epistar

See also

References

External links