Tridonic and Panasonic Sign LED Patent Authorization

Tridonic and Panasonic Sign LED Patent Authorization

Pangoonic Corporation, Panasonic Lighting Europe and Triumonic, a wholly-owned subsidiary of Zumtobel, have signed an LED patent licensing agreement.

Under the terms of the agreement, the two companies license each other to use certain patents in the field of lighting electronics, mainly control areas and LED light sources. The specific content of the agreement is still confidential.

The agreement will help the two companies strengthen their R&D activities, promote innovation and drive further growth in the LED lighting market. In addition, the agreement will provide the two companies with the freedom and opportunity to develop world-class products and solutions to better serve customers in the rapidly changing lighting field.

Alfred Felder, CEO of Tridonic stated: “We are very pleased to sign this important patent licensing agreement with Panasonic. This allows us to bring new products and technologies to market faster and further provide higher intellectual property protection. The patent licensing agreement is the most comprehensive measure to enhance the intellectual property protection of Tridonic brand Tridonic and even the entire Audebao Group."

Klaus Breisch, Managing Director of Panasonic Lighting, stated: “In the lighting industry, intellectual property is increasingly highlighting its importance. Under the umbrella of the parent company, we are very pleased to sign this patent licensing agreement with Tridonic, which will be the product of our future products. Expansion provides broader freedom and opportunities."

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