LONDON Solid-state lighting device specialist Cree Inc. (Durham. N.C.) has partnered with Austrian lighting supplier Zumtobel Group in a deal that sees Cree supplying LED downlights to the European market.
The devices involved are European versions of Cree's recessed downlights. They will be sold exclusively under two brands of the Zumtobel Group, Thorn and Zumtobel, in more than 40 countries throughout Europe and selected export markets.
The LR6-230V downlight consumes just 12W of power, equivalent to a 75W incandescent lamp and lasting up to 50 times longer, according to the companies.
LED downlights is seen as a high growth market for components suppliers and the companies have put a minimum first-year sales target of 50,000 LR6-230V luminaires on the deal.
Andreas Ludwig, Zumtobel Group CEO, commented: "By integrating this innovative LED luminaire into our portfolio, we are securing a significant technological edge."
Chuck Swoboda, Cree's chairman and CEO, added: "This strategic agreement is targeted to accelerate the LED lighting revolution across Europe by providing customers with energy-efficient and long-lasting products that save energy, save money and help protect the environment."
The companies said theyplan to expand the partnership to other high-volume lighting categories in 2009.
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