GLP German Light Products GmbH has announced its acquisition of all assets of G-LEC, a manufacturer of transparent LED video displays, as of June 17, 2009.
Formed in 2001, G-LEC provides LED systems and solutions to the entertainment and architectural markets. In acquiring the business, GLP has ensured the continuity of the G-LEC technology, while the association of the two companies echoes the converging use of lighting and video.
G-LEC, now a fully owned subsidiary of GLP, has discontinued all rental activity and will focus on selling the G-LEC product range through the company’s existing offices, as well as new sales channels. All owners of G-LEC products, whether for sales or rental, will continue to receive the same high level of service and support, from the same G-LEC staff, as before.
Founder of G-LEC, Lars Wolf, said: “I am delighted that the future of G-LEC and its staff has been safeguarded and that it will continue to develop new products to meet the growing need for visual solutions.”
Kasper Gissel, director of GLP —and creator of the impression moving head LED —said: “The acquisition covers all assets of G-LEC’s business, including its full portfolio of intellectual property. This is a perfect match for GLP and part of our long-term business strategy to supply innovative solutions to both the lighting and visual effects markets. Bringing the G‑LEC product range under the umbrella of GLP enables us to increase manufacturing efficiencies and bring product pricing to an even more competitive level, without compromising any aspects of product quality.”