newsletter link
mondo arc

GE Lighting acquires Albeo Technologies

27 November 2012 11.30 GMT

(US) - GE Lighting, the company which invented the first visible LED 50 years ago, has signed an agreement to acquire the Colorado based Albeo Technologies, Inc., a privately held LED fixture manufacturer established in 2004.

"The addition of Albeo Technologies’ immensely talented team and its award winning LED fixture portfolio enhances GE Lighting’s ability to serve as a trusted advisor to enterprise customers around the world," says Maryrose Sylvester, president and CEO of GE Lighting. "This acquisition is a big boost for GE customers moving aggressively toward an all-LED building envelope in new construction and retrofits, including retail, commercial and industrial high bay applications."

 Albeo Technologies’ LED systems produce products for warehouse, industrial, cold storage, office, data center, food processing, parking garage, school, sporting and correctional settings. Its solutions have helped to illuminate a range of “all-LED” facilities, including one of the world’s 10 largest data centers, its products have been recognised with 16 independently judged awards, including 6 from the US Department of Energy.
"Today’s news is significant for what it enables customers to do with lighting," says Jeff Bisberg, Albeo Technologies’ co-founder and CEO. "Joining GE vastly expands the universe of customers with access to our breakthrough LED solutions and it profoundly empowers our research and product development capability."
Through the acquisition, GE accelerates its ability to offer customers a more complete and integrated LED solution.

"This acquisition accelerates our development of cutting edge technologies that brings customers the energy-efficient solutions they need," notes Sylvester, "that’s what customers get at the end of the day—a refined, highly modular and scalable platform that delivers the GE quality they’ve come to expect."





Related Articles


Follow us on…

Follow Mondo Arc Magazine on Twitter Follow Mondo Arc Magazine on Facebook Follow Mondo Arc Magazine on Linked In

mondo arc india

darc awards DWLF IALD PLDC LRO