Published on April 23rd,2013 at 4:08 PM
By >Stephen

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 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.

Via Toshiba
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