20 October 2011

Bridgelux’s 792% growth in 2006-2010 yields Deloitte ‘Technology Fast 500’ ranking

LED chip and lighting array maker Bridgelux Inc of Livermore, CA, USA (which claims to be the only vertically integrated maker of LED solid-state light sources specifically for the lighting industry) has been ranked number 135on Deloitte’s 2011 Technology Fast 500 list.

The Technology Fast 500, which was conducted by Deloitte’s subsidiary Deloitte &Touche LLP, ranks the fastest-growing technology, media, telecoms, life sciences and clean tech firms — both public and private — in North America, based on percentage of fiscal year revenue growth from 2006 to 2010. To be eligible, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of its operating revenues. Firms must have base-year operating revenues of at least $50,000 (USD or CD), and current-year operating revenues of at least $5m (USD or CD). Companies must also be in business for a minimum of five years and be headquartered within North America.

Bridgelux grew its revenue 792% during the 2006 to 2010 period. CEO Bill Watkins attributes this to both strong growth in the general illumination market, and the adoption of the firm’s LED array architecture. “Bridgelux’s ranking in the Technology Fast 500 is a not only a reflection of our success in delivering leading technology and products, but in our ability to leverage numerous strategic partnerships with global leaders in materials technologies, embedded wireless communication and control technologies, as well as Energy Service Providers,” he adds.

Tags: Bridgelux LEDs

Visit: www.bridgelux.com

Visit: www.deloitte.com