Lightera Acquires Luminus Devices for Undisclosed Sum
Feed Type
Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9187e341-866d-4c5a-be72-c334b7743c73&Preview=1
Date 6/13/2013
Company Name Luminus Devices
Mailing Address 1100 Technology Park Drive Billerica, MA 01821
Company Description Luminus Devices develops and manufactures innovative, high-power, solid state lighting solutions for high-definition televisions and other display products. Its patented PhlatLight (Photonic Lattice) technology and manufacturing processes deliver a new level of performance to solid state lighting, making new applications both technically and commercially possible.
M&A Terms Financial terms of the transaction were not disclosed by the parties. However, the rumored transaction amount from reputable technology blogs was $22 million.