GE takes full control of GELcore, teams with Nichia
To gain further insight into GE's motives for its recent deal-making with Emcore and Nichia, LEDs Magazine spoke with David Elien, president & CEO of GELcore, LLC.
LEDs Magazine: What is the significance of the timing of the acquisition from Emcore?
David Elien: Emcore's strategy had shifted, with more focus and capital being directed toward growing its fiber optics and photovoltaics businesses. GE saw this as an opportunity to take GELcore in a different direction, and to look for new ways to improve our ability to develop LED products and accelerate LED adoption among customers.
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