Martin licenses CK technology, moves into LED products
Color Kinetics has licensed its LED patent portfolio to Martin Professional, a leading manufacturer of automated entertainment lighting.
Martin is well known for its premier MAC series of moving head lights, among others, used pervasively to light high-profile world concert tours, television studios and theatrical performances.
In recent years Martin has also emerged as a leading provider of dynamic lighting environments for indoor and outdoor architecture.
Through the agreement, Martin will have access to Color Kinetics' worldwide patent portfolio to develop and market its first line of multicolor LED-based lighting systems. These are scheduled for commercial release in conjunction with the PLASA tradeshow in London this September.
"This agreement marks an important relationship for Martin as we look to bring our first LED-based products to market this year and help drive adoption of this fast-emerging technology," said Christian Engsted, President and CEO, Martin Professional.
"We recognize that LEDs will prominently impact the global lighting market, and believe that leveraging Color Kinetics' developed patent portfolio will strengthen our competitive position in this new and highly anticipated market direction for Martin."
"This agreement underscores our strategy to create a universal foundation for intelligent LED lighting, in part by enabling third-party product development through licensing," said Bill Sims, President and CEO, Color Kinetics. "We believe this will benefit the industry at large by enabling new market entrants that can further fuel adoption."