Toshiba announced today that it is buying the chip-production assets of Bridgelux Inc., of the US
Toshiba Corporation announced today that it is buying the chip-production assets of Bridgelux Inc., of Livermore, California in the US.
Toshiba and Bridgelux jointly developed a white LED chip using “GaN-on-Silicon” technology, which was released in December 2012.
The acquisition will bring skilled employees from Bridgelux who will remain with the California facility, as well as technology, R&D and development assets.
It will allow Toshiba to have better competitiveness in LED businesses, LCD panels, etc.
The terms of the deal were not disclosed.