Panasonic United Tridonic signed LED patent license agreement

Japan's Matsushita Electric Industrial Co., Ltd. (Panasonic Corporation), Panasonic Lighting Europe and Zumtobel's wholly-owned subsidiary Tridonic Tridonic signed an LED patent license agreement.

Under the terms of the agreement, the two companies mutually authorized the use of certain patents in the field of lighting electronics, primarily in the control field and in the operation of LED light sources. The specific content of the agreement is still confidential.

The agreement will help the two companies strengthen 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 fast-changing lighting sector.

Tridonic CEO Alfred Felder said: "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 initiative to enhance the intellectual property protection of the Tridonic brand and even the entire Ordenburg Group."

Panasonic Lighting Managing Director Klaus Breisch said: "In the lighting industry, intellectual property is increasingly highlighting its importance. Under the protection of the parent company, we are very pleased to sign this patent licensing agreement with Tridonic, which will be our future product. Expansion offers a wider range of freedoms and opportunities."

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