"This agreement is a win for Agilent, for Lumileds and for our customers," said Young Sohn, president of Agilent's Semiconductor Products Group. "Agilent will have access to new applications and customers for our LED line, Lumileds will be the exclusive provider of LED chips for the new series of mid-power products, and our customers will benefit from new products with exciting technology from two LED leaders."
"The industry and customers win with new products that deliver leading technology and performance from Agilent and Lumileds," said Michael C. Holt, CEO of Lumileds Lighting. "The combined Agilent/Lumileds product portfolio will be broader and deeper than previously possible, meeting customers' needs now and into the future."
The first products from the collaboration are expected to be available in the fourth quarter of 2004. They will be sold by Agilent, distributed by Future Electronics and use LED chips from Lumileds.
(Lee Baldock)