TOGGLED Expands its Base of LED Lighting Patent Licensees, Adds 8 in First Half of 2015
Troy, Mich., June 25, 2015 – TOGGLED®
, developer and producer of next-generation solid-state lighting technology, reported today the addition of eight key sellers of LED lighting products to its rapidly growing roster of licensees in the first half of 2015.
In January 2015 TOGGLED announced that Koninklijke Philips N.V. (NYSE: PHG AEX: PHIA) became a licensee to its patent portfolio of over 60 patents primarily related to LED replacements for fluorescent tubes, commonly referred to as TLEDs. The license agreement resolved all patent litigation between TOGGLED and Philips.
The following businesses also became licensees to TOGGLED’s patent portfolio this year:
- Light Engine
- ELB Electronics
- 1Source LED
- Espen Technology
- Kimberly LED Lighting
- Nextek Power systems
- RemPhos Technologies
By becoming licensees, these companies have acquired access to a broad portfolio of patents awarded to TOGGLED for LED lighting technology. “We are extending our patents to licensees in the LED lighting industry to accelerate the availability of high-quality LED lighting to businesses and consumers,” said TOGGLED President Dave Simon.
To learn more about TOGGLED’s licensing program and to become a TOGGLED licensee, please visit www.toggled.com/patents
or email email@example.com
is a Michigan-based company and global manufacturer of commercial-grade LED lighting. TOGGLED products significantly lower electricity costs and deliver high-quality light in office settings, industrial environments and living spaces. Leveraging the design and engineering strength of its parent company, Altair, TOGGLED has expanded its intellectual property portfolio to become a leading patent holder in the LED lighting industry. TOGGLED products are available at The Home Depot®
. To learn more or to become a TOGGLED licensee, visit www.toggled.com
Altair is focused on the development and broad application of simulation technology to synthesize and optimize designs, processes and decisions for improved business performance. Privately held with more than 2,500 employees, Altair is headquartered in Troy, Michigan, USA, and operates more than 45 offices throughout 24 countries. Today, Altair serves more than 5,000 corporate clients across broad industry segments. To learn more, please visit www.altair.com