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Nichia and GE Lighting enter into Cross License Agreement

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Nichia and GE Lighting enter into Cross License Agreement

Categories:News
Author:Connie
Origin:https://www.nichia.co.jp/en/newsroom/2022/2022_100301.html
Time of issue:2022-10-21 10:55
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Nichia and GE Lighting enter into Cross License Agreement

(Summary description)Nichia Corporation and Savant Technologies LLC, also known as GE Lighting, a Savant business, announced a cross-license agreement.

Categories:News
Author:Connie
Origin:https://www.nichia.co.jp/en/newsroom/2022/2022_100301.html
Time of issue:2022-10-21 10:55
Views:

Information

Nichia Corporation and Savant Technologies LLC, also known as GE Lighting, a Savant business, announced a cross-license agreement. Nichia's patents on filament LED light bulbs, including U.S. Patent No. 9,752,734, will be licensed to Savant under the terms of the deal. Nichia will be granted a license to sell LEDs with potassium fluoride silicon, or PFS phosphor, in the home and retail markets. U.S. Patent Nos. 7,497,973 and 7,453,195 are among the patents leased to Nichia under the cross license.

This cross licensing validates the value of each company's lighting patents. Nichia's patents cover Savant's popular GE-brand "Vintage Style" LED light bulbs, which combine energy-efficient and long-lasting LED technology with a traditional Edison-bulb look. Savant's consumer patents cover Nichia LEDs, which have a distinctive narrow-band red emission and demonstrate exceptional color rendering and efficiency.

Customers of both firms will benefit from this cross licensing. Customers of Savant will continue to have access to high-quality LED lighting in a range of designs. Nichia's PFS LEDs are now accessible for all general illumination markets, including residential/retail channels, and consumers in these areas will benefit from Nichia's PFS LEDs' outstanding color quality, efficiency, and value.

Specific license terms are kept private.

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