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Dom> Blog> Philips acquires special light source manufacturer LTI

Philips acquires special light source manufacturer LTI

May 08, 2023

The reporter learned from Philips Electronics that it will acquire Lighting Technologies International (LTI), a manufacturer of high-intensity xenon lamps for the entertainment industry in the United States. The acquisition is expected to be completed in the fourth quarter of this year, after which LTI will become a member of the Philips Special Light Source Division.

Founded in 1999, LTI has grown rapidly to become a leading supplier of cinema lighting in the United States. Its patented high-intensity Helios s xenon lamp has a unique energy-saving design that provides the same lighting efficiency as other high-intensity lamps while reducing energy consumption and saving 30% in operating costs. In addition, the heat dissipation of the H elios 氙 xenon lamp is also very low, which is convenient for use on film film, especially for film screening.

Basvande Kie ft, CEO of Philips Special Lights Division, said: “LTI will improve the Philips Xenon lamp product segmentation in high-intensity xenon lamps, as Philips Xenon lamps do not yet contain high-strength products. This acquisition will be more beneficial. We are entering the more cost-effective and promising stage entertainment lighting market, and we can expand the market beyond the US through Philips' global marketing network."

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