SYDNEY, AUSTRALIA: FOS Capital Ltd via its subsidiary FOS Lighting Pty Ltd has entered into a binding agreement to acquire 100% of the shares in Ecopoint Ltd a New Zealand based commercial lighting company. Purchase price of NZ$1.87 million comprises of NZ$1.49 million in cash and NZ$380,000 in FOS shares. The transaction is expected to…
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Matt Roney appointed CEO of Lumileds
SAN JOSE: Lumileds, a global leader in innovative lighting solutions, has appointed Matt Roney as the company’s Chief Executive Officer, effective October 1, 2020, a news release said. Roney most recently served as President of Lumileds’ Automotive Business Unit and succeeds Dr. Jonathan Rich who will continue with the company as Executive Chairman of the…