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Excelitas Technologies Corp. - X-Cite Vitae LB 11/24

Innoviz Lidars to be Deployed at U.S. Airports: Week in Brief: 8/9/24

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SAN JOSE, Calif., Aug. 9, 2024 — Lumileds, LLC, a manufacturer of LEDs for automotive and illumination markets, has completed the $238 million sale of its lamps and accessories business to First Brands Group, LLC, an automotive parts manufacturer. According to Lumileds CEO Steve Barlow, the sale allows Lumileds to focus on its core LED business. The acquisition includes automotive lamps factories in China, Germany, and Poland. Lumileds retains its factories and sites in the Netherlands, United States, Malaysia, Singapore, Germany, and Jiaxing, China. The Indoor Lab will first be implementing the InnovizTwo lidars at...Read full article

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    Published: August 2024
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