The partnership includes a license for Altair’s patents on LED fluorescent tube replacements. “This partnership offers a unique opportunity for both LEDdynamics and ilumisys to expand US manufacturing operations and leverage our combined engineering capabilities,” said William McGrath, president and CTO of LEDdynamics.
He added, “We believe that this partnership will result in increased market share, and strengthen the ability of both companies to develop and manufacture the most innovative, high quality LED products and technologies available.”
Dave Simon, president of ilumisys said “We are excited at the growth prospects for both organizations as ilumisys ramps up our Michigan-based manufacturing operations.”
In March of this year, ilumisys announced it had licensed its technology for LED fluorescent tube replacements to South Florida-based Lumenor Energy Services. In July 2010, ilumisys also granted license to its patents on LED fluorescent tube replacements to six companies including ATG Electronics (Lake Forest, CA), Diogen Lighting (Centennial, CO), Hudnut (Portland, OR), LEDtronics (Torrance, CA), LumaSmart (Macomb, MI) and NCS Power Inc (Vancouver, WA).
ilumisys, formed in 2007, is a wholly-owned subsidiary of Altair with over 50 patent applications filed to date.