South African food firm Tiger Brands has withdrawn its financial support to its Nigerian arm Dangote Flour Mills (DFM), after it launched a review of its investment in the pasta and flour maker, which is struggling with losses. Tiger ...
Tags: pasta, flour, Flour Mills
Bridgelux’s strategic partnership with one of China’s largest electronic company China Electronics Corporation (CEC) and its LED industry strategy has made CEC the ideal acquisitor among potential buyers, wrote Bridgelux CEO ...
Tags: Bridgelux, LED lighting, smart lighting
US-based alcoholic beverage maker Constellation Brands has agreed to acquire San Diego-based Ballast Point Brewing & Spirits for $1bn. Ballast Point is a US-based craft beer company with an expansive portfolio that includes almost 40 ...
Australian parents are taking to social media in uproar as they stress over not being able to purchase their favourite infant formula brands. Expressing concerns through Facebook and other sites, consumers are saying that the popular A2 ...
Tags: infant formula, Bulk Buys
LED package manufacturer Everlight and Japan’s largest LED manufacturer Nichia initiated patent wars in Japan, Taiwan, Germany, U.S. and other countries for the past decade, reported Chinese-language magazine Money Weekly. Nichia is ...
Tags: LED Industry, LED patents, LED lighting
Taiwanese copper and electronic cable manufacturer Walsin Lihwa (Walsin) board has decided to sell its LED subsidiary Xian Walsin Technology in China’s assets for RMB 166 million (US $26.72 million) to Shangxi Electronic Information ...
Tags: LED business, Walsin, LED market
Microsemi Corp of Aliso Viejo, CA, USA (which makes chips for the communications, security, aerospace and industrial markets) has been informed that its reiterated proposal to acquire PMC-Sierra Inc of Sunnyvale, CA, USA (which provides ...
Tags: Microsemi, PMC, semiconductor
In a generation where people compare looks and family backgrounds, the business sector is also engaged in similar competitions. The LED industry is a field that is not short of manufacturers showing off their renowned backers. LEDinside ...
HC Semitek announced Tuesday night that it will be acquiring 100% of Crystaland shares for RMB 1.08 billion (US $170 million), according to a Chinese-language Securities Times report. Following the transaction, Crystaland will become a ...
Tags: HC Semitek, Crystaland, LED tube lights
Leyard Optoelectronic, a leading worldwide provider of LED display products and ancillary systems, and Planar Systems, a global leader in display and digital signage technology, announced they have entered into a definitive merger ...
Tags: Leyard, LED display products
Qualcomm announced that its indirect, wholly-owned subsidiary, Qualcomm Global Trading, has completed its acquisition of CSR, a leading fabless provider of end-to-end semiconductor and software solutions for the Internet of Everything (IoE) ...
Tags: Qualcomm, CSR, smart lighting products
Reuters recently broke Go Scale Capital’s US $1.93 billion loan to acquire Lumileds and former Philips automotive lighting business. The loan will mostly be used to merge with the $2.8 billion financing to acquire 80% of Lumileds ...
Tags: Philips, automotive lighting
In a bid to strengthen its position in the Southeast Asia labels market, Constantia Flexibles Group has acquired Australian packaging company Pemara Labels Group. The parties agreed not to disclose any financial details and the transaction ...
IGM Resins has received €25m in unitranche loan from H.I.G. WhiteHorse, a credit affiliate of global investment firm H.I.G. Capital. The funds were used to refinance an equity capital bridge facility invested to fund a strategic ...
Tags: IGM Resins, food packaging, wood coatings
Hongliopto announced it cancelled the acquisition of Shenzhen Wisdom GPS on Tuesday, according to a Securities Times report. The company signed a letter of intent to acquire Shenzhen Wisdom GPS on July 18, 2015 for RMB 195 million (US ...
Tags: Hongliopto, Wisdom GPS, automotive network