Welcome!

News Feed Item

Echelon Expands Presence in Outdoor Lighting With Acquisition of Established Player, Lumewave

Echelon Corporation (NASDAQ:ELON), open-interoperable control networking pioneer for the Industrial Internet of Things (IIoT), announced that it has acquired Lumewave Inc., a wireless outdoor lighting control system provider with a strong track record selling its solution to U.S. municipalities, universities, medical facilities and enterprises. Echelon will sell the Lumewave products—which include individual lighting controllers, gateways, and management and maintenance software—and will incorporate Lumewave’s established sales channels in North America into its existing channels worldwide. Terms of the transaction were not disclosed.

“With this acquisition of Lumewave, Echelon is enriching our product portfolio and sales channels in outdoor lighting control, for both city street lighting and the compelling market for enterprise and commercial outdoor lighting,” said Ron Sege, CEO and chairman, Echelon Corp. “Lumewave’s products, combined with Echelon’s own, will give our customers tremendous flexibility in controlling their outdoor lighting assets. The expanded product offerings and sales coverage will enhance Echelon’s revenue stream and allow us to better address the fast-growing North American market.”

The outdoor lighting market—which encompasses streetlights as well as lighting for parking areas, walkways and other outdoor spaces—is growing significantly. According to the Northeast Group, the market for street lights with smart controls is forecast to grow from less than 2 million units today to more than 100 million units in the next 10 years. The value of installed controls is expected to rise from less than $250 million to more than $10 billion by 2024, with 40 percent of that investment expected in North America.

Echelon plus Lumewave expand options for outdoor lighting customers

“Echelon’s pioneering leadership in control networking technologies, and its strong success in outdoor lighting markets outside the U.S., make this an ideal match for our wireless outdoor lighting solutions,” said Mark Keating, president of Lumewave. “Adding Lumewave’s proven radio frequency (RF) solution and our established North American channels to Echelon’s capabilities in wired control systems will enable more customers to be served more quickly.”

Lumewave’s standards-based wireless solutions for outdoor lighting will continue to be available through its established manufacturer’s rep channel and will now also be sold through Echelon’s direct sales and manufacturer reps and integrators in the U.S. The combined product portfolio will target streetlighting and other outdoor lighting installations, such as parking lots and structures, university and corporate campuses, hospitals, large retailers such as shopping malls and auto dealerships, parks and recreational facilities.

Lumewave has established a presence in a number of high-profile locations in the U.S., including the University of California campuses at Davis, Irvine and Santa Barbara; the California State University at Fullerton; the city of San Francisco; and the VacaValley (Calif.) Hospital. The benefits of Lumewave adaptive LED street and area lighting solutions have been promoted by SPEED (State Partnership for Energy Efficient Demonstrations), a program supported by the California Energy Commission and managed through the California Institute for Energy and Environment (CIEE). The cited benefits include saving energy, cutting electricity and maintenance costs, and providing better-quality lighting to enhance safety and aesthetics.

About Lumewave

Lumewave provides innovative, standards-based wireless solutions for control and monitoring of outdoor lighting. Its customers include cities and municipalities responsible for outdoor lighting (roads, streets, parks, etc.) as well as commercial entities (e.g., car dealerships, mall operators) responsible for outdoor lighting, typically parking lots and parking structures. Customers use Lumewave solutions to set lighting dimming/on/off schedules, monitor light fixture operation and health, and measure and control energy usage. Privately held Lumewave has its headquarters in Sacramento, Calif. More information is available at www.lumewave.com.

About Echelon Corporation

Echelon Corporation (NASDAQ: ELON), a pioneer in developing open-standard control networking platforms, delivers all the elements necessary to design, install, monitor and control industrial-strength ‘communities of devices’ within the lighting, building automation, grid, Internet of Things, ‘maker’ and other markets worldwide. Echelon develops and sells complete systems and subsystems for target applications, plus system-on-chips (SoCs), embedded software, and commissioning and management tools for OEMs. With more than 100 million Echelon-powered devices installed worldwide, the company helps its customers easily and safely migrate existing control systems to the most modern platforms, while bringing new devices and applications into an ever-growing global Industrial Internet. Echelon helps its customers reduce operational costs, enhance satisfaction and safety, grow revenues and perform better in both established and emerging markets. More information about Echelon can be found at http://iiot.echelon.com, or echelon.com and at the company's blog at blog.echelon.com.

Echelon and the Echelon logo are registered trademarks of Echelon Corporation registered in the United States and other countries. Other product or service names mentioned herein are the trademarks of their respective owners.

This press release may contain statements relating to future plans, events or performance. Such statements may involve risks and uncertainties; the risk that Echelon's product and service offerings by themselves or combined with other applications or offerings do not perform as designed or do not offer the expected benefits and savings; and other risks identified in Echelon's SEC filings. Actual results, events and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Echelon undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
There is an ever-growing explosion of new devices that are connected to the Internet using “cloud” solutions. This rapid growth is creating a massive new demand for efficient access to data. And it’s not just about connecting to that data anymore. This new demand is bringing new issues and challenges and it is important for companies to scale for the coming growth. And with that scaling comes the need for greater security, gathering and data analysis, storage, connectivity and, of course, the...
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
Redis is not only the fastest database, but it has become the most popular among the new wave of applications running in containers. Redis speeds up just about every data interaction between your users or operational systems. In his session at 18th Cloud Expo, Dave Nielsen, Developer Relations at Redis Labs, will shares the functions and data structures used to solve everyday use cases that are driving Redis' popularity.
Much of the value of DevOps comes from a (renewed) focus on measurement, sharing, and continuous feedback loops. In increasingly complex DevOps workflows and environments, and especially in larger, regulated, or more crystallized organizations, these core concepts become even more critical. In his session at @DevOpsSummit at 18th Cloud Expo, Andi Mann, Chief Technology Advocate at Splunk, will show how, by focusing on 'metrics that matter,' you can provide objective, transparent, and meaningfu...
Many private cloud projects were built to deliver self-service access to development and test resources. While those clouds delivered faster access to resources, they lacked visibility, control and security needed for production deployments. In their session at 18th Cloud Expo, Steve Anderson, Product Manager at BMC Software, and Rick Lefort, Principal Technical Marketing Consultant at BMC Software, will discuss how a cloud designed for production operations not only helps accelerate developer...
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, will discuss how leveraging the Industrial Interne...
Artificial Intelligence has the potential to massively disrupt IoT. In his session at 18th Cloud Expo, AJ Abdallat, CEO of Beyond AI, will discuss what the five main drivers are in Artificial Intelligence that could shape the future of the Internet of Things. AJ Abdallat is CEO of Beyond AI. He has over 20 years of management experience in the fields of artificial intelligence, sensors, instruments, devices and software for telecommunications, life sciences, environmental monitoring, process...
The IETF draft standard for M2M certificates is a security solution specifically designed for the demanding needs of IoT/M2M applications. In his session at @ThingsExpo, Brian Romansky, VP of Strategic Technology at TrustPoint Innovation, will explain how M2M certificates can efficiently enable confidentiality, integrity, and authenticity on highly constrained devices.
Increasing IoT connectivity is forcing enterprises to find elegant solutions to organize and visualize all incoming data from these connected devices with re-configurable dashboard widgets to effectively allow rapid decision-making for everything from immediate actions in tactical situations to strategic analysis and reporting. In his session at 18th Cloud Expo, Shikhir Singh, Senior Developer Relations Manager at Sencha, will discuss how to create HTML5 dashboards that interact with IoT devic...
We're entering the post-smartphone era, where wearable gadgets from watches and fitness bands to glasses and health aids will power the next technological revolution. With mass adoption of wearable devices comes a new data ecosystem that must be protected. Wearables open new pathways that facilitate the tracking, sharing and storing of consumers’ personal health, location and daily activity data. Consumers have some idea of the data these devices capture, but most don’t realize how revealing and...
In the world of DevOps there are ‘known good practices’ – aka ‘patterns’ – and ‘known bad practices’ – aka ‘anti-patterns.' Many of these patterns and anti-patterns have been developed from real world experience, especially by the early adopters of DevOps theory; but many are more feasible in theory than in practice, especially for more recent entrants to the DevOps scene. In this power panel at @DevOpsSummit at 18th Cloud Expo, moderated by DevOps Conference Chair Andi Mann, panelists will dis...
Struggling to keep up with increasing application demand? Learn how Platform as a Service (PaaS) can streamline application development processes and make resource management easy.
SYS-CON Events announced today that Ericsson has been named “Gold Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. Ericsson is a world leader in the rapidly changing environment of communications technology – providing equipment, software and services to enable transformation through mobility. Some 40 percent of global mobile traffic runs through networks we have supplied. More than 1 billion subscribers around the world re...
We’ve worked with dozens of early adopters across numerous industries and will debunk common misperceptions, which starts with understanding that many of the connected products we’ll use over the next 5 years are already products, they’re just not yet connected. With an IoT product, time-in-market provides much more essential feedback than ever before. Innovation comes from what you do with the data that the connected product provides in order to enhance the customer experience and optimize busi...
The increasing popularity of the Internet of Things necessitates that our physical and cognitive relationship with wearable technology will change rapidly in the near future. This advent means logging has become a thing of the past. Before, it was on us to track our own data, but now that data is automatically available. What does this mean for mHealth and the "connected" body? In her session at @ThingsExpo, Lisa Calkins, CEO and co-founder of Amadeus Consulting, will discuss the impact of wea...