LED business news: Echelon and Lumewave
Echelon Corp (NASDAQ: ELON) is expanding its Internet of Things (IoT) push to more directly address networked lighting and has acquired Lumewave and the company's wireless street light control portfolio. Echelon has long been focused on networking industrial and building automation systems utilizing low-bandwidth but robust technology based on the company's LonWorks platform that include products ranging from from ICs to software stacks and protocols. More recently, the company has worked to support open network standards and bridge such networks to the LonWorks platform, with a focus beyond the company's factory roots to LED-based lighting. The Lumewave acquisition provides Echelon with a wireless control technology for its portfolio and with access to unique traffic sensing technology.