Lightech

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 journey.

Business overview

Lightech specializes in developing components for managing energy supply to lighting units, focusing on energy conservation. The company designs drivers and transformers specifically for LED and halogen lighting applications. With R&D facilities in California and Israel, Lightech serves markets across Europe, the United States, and Asia within the Energy Tech sector, particularly in Energy Consumption & Efficiency.

Strategic signal

In July 2011, Lightech was acquired by General Electric for a reported $20 million. This acquisition by a major multinational corporation like General Electric signals a strategic validation of Lightech's LED electronic driver technology and its potential impact on the broader lighting and energy efficiency markets. For investors, this highlights the value placed on specialized components that contribute to energy savings and the potential for successful exits in the Energy Tech sector.

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, aiming to save energy through its drivers and transformers for LED and halogen lighting.

When was Lightech acquired and by whom?

Lightech was acquired by General Electric in July 2011.

What markets does Lightech serve?

Lightech serves geomarkets including the United States, Europe, and Asia.

What is Lightech's employee count?

Lightech operates with 11–50 employees.