Lightech
LED Electronic Drivers
Company Overview
Snapshot
Founded in August 1992, Lightech operates with 11–50 employees. The company was acquired by General Electric in July 2011, marking a significant milestone in its trajectory.
Business overview
Lightech specializes in developing components for managing the energy supply to lighting units, focusing on energy efficiency. The company designs drivers and transformers specifically for use in LED and halogen lighting systems. Lightech serves markets in the United States, Europe, and Asia, operating within the Energy Tech sector, with a focus on Energy Consumption & Efficiency and Components.
Strategic signal
In July 2011, Lightech was acquired by General Electric for $20 million. This acquisition highlights the strategic value of Lightech's LED electronic driver technology within the broader lighting and energy efficiency markets, signaling a consolidation trend and the importance of specialized component development for major industry players.
Log in to access full profile ›Company Intelligence Q&A
- When was Lightech founded?
- Lightech was founded in August 1992.
- What is Lightech's primary focus?
- Lightech develops components for managing the energy supply to lighting units, specifically designing drivers and transformers for LED and halogen lighting to enhance energy efficiency.
- Which markets does Lightech serve?
- Lightech serves geomarkets including the United States, Europe, and Asia.
- What was a significant corporate event for Lightech?
- In July 2011, Lightech was acquired by General Electric for $20 million, as reported by Globes. This acquisition integrated Lightech's LED electronic driver technology into General Electric's portfolio.