Bridgelux smart-lighting LED spin-off to target IoT
Xenio will focus on the development of software-enabled LED modules for the emerging Internet of Things (IoT) market, benefiting from partnerships and investments from Bridgelux, Toshiba, DCM Ventures, VantagePoint Capital Partners, and other ecosystem partners. The new company will have independent, dedicated engineering and marketing teams located in San Francisco, USA, and will be overseen by Brad Bullington, as Executive Chairman.
Having incubated a number of core technology assets and IP over the past two years inside of Bridgelux, Xenio will have a running start at addressing the $135 billion IoT opportunity in lighting. Most recently, the company announced the launch of Xenio Point, Xenio Link, and Xenio Power solutions at Lightfair International in New York, USA. The products will ship in volume later this year.
"Establishing Xenio as a stand-alone company is a significant acknowledgment of the unique capabilities required to serve a new set of connected lighting and data infrastructure platforms which we believe will unlock the potential of solid state lighting technology," explained Brad Bullington, Executive Chairman at Xenio. "We are creating a new company that has a strong LED heritage and all of the requisite tools to grow its business. At the same time, this transaction allows us to immediately focus on addressing the rapidly growing opportunity in IoT and connected devices."
Xenio is aiming to develop and deliver networked and software-driven solutions that bring intelligence to lighting fixtures, providing a powerful platform to deliver IoT services in the rapidly growing smart building space. Critical to this effort will be Xenio’s seamless integration of LED light source technology with advanced power, radio, sensor, application and cloud software into a low-cost, easy-to-install network.
The technologies will combine to enable high-quality lighting experiences such as deep dimming and color tuning while deploying the sensor network to reduce energy consumption, and drive real-time engagement with occupants or even goods inside a building. In a store, the Xenio network can draw attention to a displayed product by brightening a spotlight as shoppers walk down an aisle. Similarly, lighting can dim in employee cubicles when they are away or adjust in response to changes in natural lighting. The technology can also change color to create a more comfortable and productive environment.
"With a focus on providing a complete, intelligent technology solution for lighting and systems manufacturers, we believe we can deliver a revolutionary Smart-Lighting platform that will further enable the Internet of Things," concluded Bullington.
Bridgelux: www.bridgelux.com
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