Cisco CEO Rules Out Acquiring a Lighting Company - Energy Watch News


Cisco CEO Rules Out Acquiring a Lighting Company

Yesterday Cisco Systems CEO Chuck Robbins dampened any speculation that Cisco might purchase an LED lighting company, when he told LEDs Magazine that the networking giant prefers to take the partnering route. Cisco has forged more than 20 partnerships with lighting companies as part of its “Digital Ceiling” initiative to build networks of smart lights connected to the Internet. Philips is a charter member of the program. Both Philips and Cisco are pushing Power over Ethernet (PoE) lighting in which Ethernet networks route electricity and data to LED luminaires. http://www.ledsmagazine.com/articles/2016/07/cisco-ceo-rules-out-acquiring-a-lighting-company.html

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