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| Zumtobel acquires Italian SpaceCannon  Zumtobel Group has acquired the Italian LED company SpaceCannon. SpaceCannon, which was founded in 1988 near Alessandria in Piedmont, specialises in LED-based lighting scenarios for outdoor, façade and event lighting. The company made a name for itself in the industry through such major projects as the Petronas Tower in Malaysia or the Sydney and Turin Olympics where it was responsible for creating lighting scenarios. With a current workforce of almost 50, SpaceCannon posts annual sales of approximately EUR 7 million.In organisational terms, SpaceCannon whose founder Bruno Baiardi died suddenly in August 2007 will form part of the Zumtobel LED Division, the group's in-house specialist for LED technology. This aligns well with the technological focus of SpaceCannon's operations, where some 70 percent of applications are based on innovative LED solutions, supplemented by Xenon technology for outdoor lighting effects that are visible from a long distance. write your comments about the article :: © 2008 Construction News :: home page |