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designLED Products Acquired by World Leading Automotive Technology Company

Livingston, UK, 09 June 2021 – LED lighting technology innovators, designLED Products, today announced that it has been acquired by Faurecia for an undisclosed sum. Livingston based designLED has developed advanced, flexible technology uniquely suited to a growing range of automotive lighting and human machine interface (HMI) applications.

Finalising the deal, designLED CEO, Stuart Bain, commented, “This is a hugely important and exciting milestone in the evolution of designLED. In recent years we have established the company as a leader in automotive lighting and HMI innovation, building a reputation based not only on an extensive technology and intellectual property portfolio, but also the highly skilled and energetic team, which is already delivering ground-breaking lighting solutions to international OEM and Tier 1 customers.”

He continued, “Looking to the future, the designLED team will be able to utilise Faurecia’s global reach, international customer base and world-class engineering and manufacturing skills to accelerate adoption of our differentiated display and back-lighting technology. The management team and employees are excited to move forward at pace under this new ownership.”

“designLED’s advanced technologies and team will enrich Faurecia’s display technologies ecosystem” said Edouard da Silva, displays global product line director at Faurecia Clarion Electronics. “Immersive experiences are fast becoming a defining factor in mobility, and through the acquisition of designLED we aim to strengthen Faurecia’s unique positioning in cockpit user experiences.”

Scotland’s economic development agency, Scottish Enterprise, has provided support to the company since it was established. Following the acquisition, Jan Robertson, Interim Director of Growth Investments at Scottish Enterprise said, “the outstanding designLED team has created an impressive portfolio of lighting technology which will be a real asset to Faurecia and its Clarion Electronics activity. Having supported designLED’s growth we are excited to see how it develops under the global stewardship of Faurecia.”

The entire designLED team will transfer to Faurecia and will continue to develop its technology from its base in Livingston.

The M&A process was managed by Aquin & Cie, headquartered in Munich, on behalf of designLED and its shareholders. Addleshaw Goddard Glasgow acted as a legal advisor to the sellers: https://aquin.com/ and www.addleshawgoddard.com/en/


About designLED Products

Formed in 2004, designLED is an innovative LED lighting technology company with expertise in designing, developing, prototyping and scaling thin and flexible LED lighting and HMI products for the automotive industry.

Based near Edinburgh in Scotland, the design centre supports international automotive OEMs and their supply chains with solutions to complex optical, HMI and lighting integration challenges.

With a focus on the emotional and functional use of lighting, while addressing key challenges of space, cost and integration, designLED has cutting-edge technology platforms supported by over 68 patents world-wide enabling the visions of the international car industry to be realised.


About Faurecia

Founded in 1997, Faurecia has grown to become a major player in the global automotive industry. With 266 industrial sites, 39 R&D centres and 114,000 employees in 35 countries, Faurecia is a global leader in its four areas of business: seating, interiors, Clarion Electronics and clean mobility. The Group’s strong technological offering provides car makers with solutions for the cockpit of the future and sustainable mobility. In 2020, the Group reported total turnover of €14.7 billion. Faurecia is listed on the Euronext Paris market and is a component of the CAC Next 20 index. Find out more at: www.faurecia.com

 

About Scottish Enterprise

Scottish Enterprise is Scotland's national economic development agency committed to growing the Scottish economy for the benefit of all, helping create more quality jobs and a brighter future for every region.

 

For further information contact Jackie Godsell, Business Operations Manager, designLED Products. Email: jackie.godsell@designled.com, Telephone: +44 1506 592323

The First Virtual Conference: ISELED Workshop 2020


designLED CTO Dr. James Gourlay was delighted to join an esteemed lineup of speakers at the ISELED Virtual Conference on 03.09.2020, the first in a season of upcoming industry web conferences.

His talk was a short discussion about why designLED have joined the alliance. He made it clear that from designLED’s experience of lighting in the automotive industry, that an alliance like ISELED has been needed to develop and prove the new LED technologies, set standards and importantly, derisk the deployment of LED lighting into the new and emerging automotive Use Cases.

James was very pleased to see that the ISELED alliance is expanding and with an even wider range of companies and organisations covering many different aspects of the value chain. The first ISELED cars have gone into serial production in China and there are plans for more. This is an important step forward.

He was also interested in the ILaS bus concept (ISELED Light and Sensor network), which is an extension of the original ISELED protocol. With ILaS not only LED elements, but also other components such as matrix LED lights, sensors and actuators can be controlled in large numbers via a simple two-wire connection. This also supports designLED technology which allow the integration of sensors and other intelligence into the light tile device itself, creating a smart and intelligent system from a relatively dumb light source.

It is inspiring to share and discuss the latest innovations in the automotive lighting industry, despite ongoing challenging global circumstances. Next up on our conference agenda is the prestigious DVN Smart Interior Virtual Conference & Expo Platform on 24.09.2020, which will include a designLED virtual booth and a talk on Interior Surface Backlighting from CTO Dr.James Gourlay.


Light Is The New Chrome

designLED Vision

designLED is proud to present our vision of the near future of Automotive lighting. We are making this happen with our unique technology, now.

#LightIsTheNewChrome

Driving Vision News 2020

Driving Vision News 2020

DesignLED are looking forward to exhibiting at the DVN (Driving Vision News) Lighting Workshop in Munich, January 28-29th 2020. DVN is a global community of networked experts sharing information about lighting, driver assistance systems and car interior innovations. Topics to be explored at the conference include the new level of driver and passenger experience facilitated by ambient lighting, interior surface material trends and the latest technologies involved.

We are excited to showcase our next generation automotive demonstrators, including examples of RBG, dynamic, edge to edge lighting solutions which will enable these new and future automotive interior experiences. Our CTO, Dr. James Gourlay, has been invited to do a special speaker session at the event.



DesignLED in Japan

DesignLED in Japan

DesignLED in Japan

CEO Stuart Bain and CTO James Gourlay have just returned from Japan, where they were visiting automotive leaders in the region. They discussed how DesignLED technology (such as addressable RGB surfaces and integrated capacitive switches) can enable the accelerating market trends in interior lighting and facilitate new interior vehicle experiences.

There was an excellent response in Japan to the core elements of the DesignLED value proposition for interior car lighting – end customer attraction, space and cost efficiency, and unique performance and quality.

The team were also highly impressed with the regional Automotive sector knowledge and support received from DVN (Driving Vision News) in Tokyo and already the relationship with this expert network is proving invaluable.


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