SAN FRANCISCO--(BUSINESS WIRE)--Bridgelux, a leading developer and manufacturer of LED lighting technologies, today announced that its Board of Directors has approved a plan to spin off its Smart-Lighting LED platform business under the name of Xenio Corporation in conjunction with the sale of Bridgelux to an investment group led by the China Electronics Company (CEC). Xenio will focus on the development of software-enabled LED modules for the emerging Internet of Things (IoT) market, benefitti
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