(See: " Philips Tries To Wrestle Lighting Crown From GE") In June it snapped up Color Kinetics, a maker of lighting systems, for $714 million.
A.T. Cross Co., Lincoln, R.I., the maker of Cross pens, said its chief financial officer, John T. Ruggieri, resigned to take a position at Emissive Energy Corp., North Kingston, R.I., a maker of lighting products.
For a maker of light-hearted handicrafts, he uses the phrase "freedom of expression" a lot, and with good reason.
The subtext to his gags: What can a maker of light bulbs possibly know about running a television network?
Cree, a maker of light-emitting diode, or LED, products, said on Wednesday that it would acquire Ruud Lighting for $583 million to expand in LED outdoor lighting.
The Dana Corporation, a maker of light-truck axles, reduced the sale price on its automotive replacement-parts business 6.9percentto to $1.02 billion.
Cree Research, a maker of light-emitting diodes used in cellular phones and car displays, has agreed to buy the closely held Nitres Inc. for about $211.5 million in stock.
The Uniroyal Technology Corporation, a maker of light-emitting diode display products whose shares had fallen 60percentthisis month, said it planned to cut 90 jobs, freeze salaries and reduce the pay of top executives.
That does not necessarily mean Mr Löscher will sell the businesses that do not fit, such as Osram, a maker of light bulbs, BSH, a joint venture with Bosch in household appliances, and Nokia Siemens Networks, recently formed to build telecom infrastructure.The company's supervisory board will vet the changes on November 28th.
UNIROYAL TECHNOLOGY CORP., Sarasota, Fla., a maker of light-emitting diodes used in traffic signals, said it had entered into a letter of intent to sell its specialty adhesives unit for about $25 million and hoped to close the sale in September.
This charming account of the author's early years, chosen by the editors of the Book Review as one of the best books of 2001, both recreates a large extended family of brilliant and eccentric adults in Britain in the 1930's and 40's and also focuses on his own youthful fascination with chemistry (hence the nickname of Uncle Dave, a maker of light-bulb filaments who inspired Oliver).
