Toshiba Lighting & Technology Corp. has bought GreenStar Products, which makes energy-efficient, long-lasting LED lights for roads and other outdoor areas.
The terms of the deal were not disclosed.
Since February of 2012, Toshiba International Corp. has contracted with San Antonio-based GreenStar to make LED Lights.
GreenStar’s LED lights last longer and require less maintenance than traditional roadway lights. They also do not contain mercury or lead.
“We were attracted to GreenStar for its innovative product design and keen focus on developing luminaires that make the most of LED technology to address the market’s desire for more energy efficient and low maintenance products,” Ken Honeycutt, Toshiba’s LED Lighting Systems Division president, said in a statement. “This acquisition allows us to supply a variety of markets from commercial and industrial to governmental and institutional in North America and beyond, with innovative, reliable products that create real value.”
CPS Energy has contracted with GreenStar to replace 20,000 of the city’s lights with LED lights in a year long program that began last year.
In addition to GreenStar, Toshiba also bought Consert, a smart energy home meter company with 60 employees, in February of this year.
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