Last Tuesday, Netherlands-based Royal Philips Electronics NV expanded its LED presence by offering $688 million to acquire Color Kinetics Inc., a decade-old Boston company that designed the CN Tower's new lighting and holds patents on systems to control LED color and brightness.
Fritz Morgan, Color Kinetics' chief technology officer, said the semiconductor technology underlying LEDs is becoming more affordable and efficient at a rate on par with advances in computing speed. Today's LEDs are about as efficient as the latest compact fluorescents, Morgan said, and they are improving faster than fluorescents.
From PhysOrg
