DDI - GE Lighting to Acquire Albeo Technologies

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GE Lighting to Acquire Albeo Technologies
January 07, 2013

East Cleveland, Ohio-based GE Lighting has signed an agreement to acquire Boulder, Colo.-based Albeo Technologies Inc. Albeo, a privately held company established in 2004, manufactures LED systems, including high-bay, low-bay, linear, surface-mount and under-cabinet fixtures for commercial, warehouse, industrial, cold storage, office, data center, food processing, parking garage, school, sporting and correctional settings. Through the acquisition, GE will offer customers a more complete and integrated LED solution.