Cooper Lighting and Rambus Sign License Agreement to Provide Innovative, LED-Based Lighting Solutions
Agreement covers Rambus' patented innovations for edge-lit lighting solutions
PEACHTREE CITY, Ga. and SUNNYVALE, Calif. - Cooper Lighting, an industry leader committed to delivering innovative products and driving transformational technology in the lighting industry, and Rambus Inc. (NASDAQ: RMBS), one of the world's premier technology licensing companies, today announced they have signed a licensing agreement for the use of Rambus' patented lighting innovations. Cooper will focus on creating LED-based lighting fixtures for commercial, industrial and utility markets.
"As a leading provider of innovative, high-quality lighting fixtures and controls, one of our objectives is to quickly launch leading-edge products that help accelerate the adoption of quality LED lighting solutions around the world," said Mark Eubanks, president, Cooper Lighting. "We are committed to consistently providing superior products that extend beyond our customers' needs and this agreement with Rambus allows us to exceed their expectations."
"As one of the most innovative lighting fixture companies in the world, Cooper Lighting is an excellent partner for Rambus," said Jeff Parker, president of the Lighting and Display Technology business at Rambus. "Working together, we can create an exciting new generation of advanced LED-based lighting products with unique form factors that are cost-competitive and energy efficient."
Cooper Lighting will showcase over 100 innovative Lighting and Controls products at LIGHTFAIR INTERNATIONAL (May 9 - 11, in Las Vegas, Nev., booth #2524).
Cooper Lighting has made a significant investment in people, resources and technology to ensure the company provides first-class solutions to its customers' lighting challenges. In 2009, the company opened a world-class 60,000 square-foot LED Innovation Center to design, test and manufacture reliable LED products. The company offers a range of indoor and outdoor LED lighting products and controls, all of which are specifically designed to maximize energy and cost savings.
About Cooper Lighting
Cooper Lighting, a subsidiary of Cooper Industries plc (NYSE: CBE), is the leading provider of world-class lighting fixtures and controls to commercial, industrial, retail, institutional, residential and utility markets. As lighting technologies have advanced over the years, Cooper Lighting has been at the forefront of the industry in helping businesses and communities leverage the latest technologies to improve efficiency, reduce costs and enrich the quality of the environment. For more information, visit www.cooperlighting.com.
About Rambus Inc.
Founded in 1990, Rambus is one of the world's premier technology licensing companies. As a company of inventors, Rambus focuses on the development of technologies that enrich the end-user experience of electronic systems. Its breakthrough innovations and solutions help industry-leading companies bring superior products to market. Rambus licenses both its world-class patent portfolio, as well as its family of leadership and industry-standard solutions. Rambus has offices in California, North Carolina, Ohio, India, Germany, Japan, Korea, and Taiwan. Additional information is available at www.rambus.com.
About Cooper Industries
Cooper Industries plc (NYSE: CBE) is a global electrical products manufacturer with 2011 revenues of $5.4 billion. Founded in 1833 Cooper's sustained success is attributable to a constant focus on innovation and evolving business practices, while maintaining the highest ethical standards and meeting customer needs. The Company has seven operating divisions with leading market positions and world-class products and brands, including Bussmann electrical and electronic fuses; Crouse-Hinds and CEAG explosion-proof electrical equipment; Halo and Metalux lighting fixtures; and Kyle and McGraw-Edison power systems products. With this broad range of products, Cooper is uniquely positioned for several long-term growth trends including the global infrastructure build-out, the need to improve the reliability and productivity of the electric grid, the demand for higher energy-efficient products and the need for improved electrical safety. In 2011 sixty-two percent of total sales were to customers in the industrial and utility end-markets and forty percent of total sales were to customers outside the United States. Cooper has manufacturing facilities in 23 countries as of 2011. For more information, visit the website at www.cooperindustries.com.
Rambus press contacts:
Carolyn Robinson
Rambus Inc.
(408) 462-8717
crobinson@rambus.com
SOURCE
Cooper Lighting
