Tridonic sells Signage Business to AgiLight, Inc.
Effective November 30, 2015, Tridonic GmbH & Co KG, a leading manufacturer of LED lighting components and systems and part of the Austrian lighting company Zumtobel Group, has sold its LED signage business to U.S.A.-based AgiLight Inc.. With the acquisition of Tridonic’s signage activities, AgiLight, a subsidiary of General LED Inc. headquartered in San Antonio, Texas, becomes one of the largest LED system suppliers to the global signage market. “We are very excited about the acquisition of the Tridonic Signage business,” said Steven Moya, President and CEO of AgiLight, Inc., “The acquisition is fully in line with our global development strategy. This business will allow AgiLight to enhance its global position as the preferred LED partner of sign companies and will enable us to offer a strong portfolio of LED solutions to our global customers and accelerate the pace of innovation and new technology development. Our mission is to bring value to our customers while enabling them to achieve greater growth and competitiveness.” Click here to read the full press release