Pegasus Capital Advisors Acquires Majority Interest In LED Effects

Pegasus Capital Advisors recently announced it has acquired a majority interest in the business of LED Effects, an LED lighting design and engineering firm. In addition, Govi V. Rao, currently a senior executive at Philips Lighting North America, will join LED Effects as its new president and chief executive officer, effective July 1, 2007.

Founded in 1993 before LEDs we

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