The LED Lighting Deal Landscape Is Growing, But Not Matching Expectations

•06月 12, 2014 • 发表评论

Although significant consolidation has already occurred across the LED value chain, further consolidation will be required for the market to mature to a stable state.

Some of the drivers of this process will be achieving economies of scale, china led light cost reductions, sustainable market share and access to innovative IP to meet rising output requirements. This will further increase the likelihood of deal activity to 2018. Memoori recently released a research report on investment activity in the LED sector, finding that deal activity has not met expectations set a couple of years ago.

Both overall VC Investment flows and cleantech-specific VC funding were on a downward trend in 2012 and 2013; however, of all the cleantech sectors, energy efficiency companies continued to attract the most VC investment throughout 2013.

According to data from the Cleantech Group, the sector soaked up 19 percent of all venture investments during the first six months of 2013. The number of energy efficiency deals rose 45 percent in the second quarter for a total of 79 through June.

Private equity players still believe that there is money to be made in LED street light purchaser. However, an analysis of 2012 and 2013 data indicates a small decline in the number of deals closed compared to the 2011 peak of nineteen deals. There was also a 29 percent decline in median deal value to $9.3 million, indicating that investors are proceeding with an element of caution. From an analysis of deals to date this year, our forecasts show this cautious trend continuing at around the same pace through 2014.

Much of the hype surrounding the LED market has now dissipated. Entrepreneurs and VCs who invested over the last two to three years expecting fast returns and big exits are likely to be disappointed. Growth has failed to meet the expectations 4 foot LED tube lights, which were buoyed by optimistic projections touted by the market only eighteen months ago.

Smart control systems are becoming increasingly important due to LED commoditization, making them a potentially hot sector for investment. This should encourage broader adoption of smart technology in both the commercial and residential sectors.

Memoori believes that venture and startup activity will be much more pronounced in the later stages of the supply chain. Innovations in control systems and services tend to be software-intensive, capital-efficient and well aligned with the traditional venture capital investment approach of using small amounts of capital to yield potentially large returns.

In the next several years, it will still be necessary to make further strategic investment in R&D to develop attractive new LED lighting products and systems. Large corporations and industrials will have strategic motivations to foster this continued R&D investment to help them differentiate from the competition. As such, we may yet see as much investment coming from these sources as from VC funding.

Steelers picked to win AFC North in 2014

•06月 12, 2014 • 发表评论

Ah, the consoling, sweet strains of June speculation, how we embrace thee.

There’s a whole lotta nuthin’ on which to base season predictions in June except gut feelings, knee-jerk reactions and other metaphors involving limbs acting independently. NFL Network analyst and longtime NFL executive Gil Brandt is flexing all involuntary reactions interlinings, picking the Steelers to make their Ali-like return to the top of the division.

Supplanted by the Baltimore Ravens in 2011-12 (who went on to win the Super Bowl) and the Cincinnati Bengals in 2013 (who failed to win a playoff game), the Steelers’ return to the postseason is highly anticipated by fans, who have suffered Double Sided Fusible Interlining through three consecutive seasons without a playoff win, and toed the line of the team’s first losing season since 2003.

The last two years mark a massive transition of the Steelers’ roster. Older players were jettisoned to make room for, in many cases, younger and worse players. The learning curve has been steep but the reclamation project known as the 2014 Pittsburgh Steelers had a heavy emphasis on athleticism and speed, particularly on the defensive side of the ball.

If the Steelers can return to their takeaway ways on defense Ilshin interlining, their offense should be strong enough to power through a fairly open-ended division. Cincinnati and Baltimore again look to be the main rivals, but it’s tough to say any one of the three contenders are, on paper, considerably better than the others.

The Steelers have at least one supporter in the national media. Or, make that two – although ESPN analyst Herm Edwards didn’t state the Steelers would win the division, his prediction of them advancing to the Super Bowl trumps the finish in the regular season.

Bloomington church offers clothing, accessories to those in need

•04月 30, 2014 • 发表评论

Every Wednesday evening, from September through May, neatly organized racks of clothing, shoes and accessories are rolled into the lower level of Community of the Cross Lutheran Church in Bloomington.

The church’s Community Clothes Line Center accepts clothing interlinings donations, sorts them by gender, size, and style, and makes them available for members of the Bloomington community to take, free of charge and without any questions.

“Starting at 6:30, we often have people lining up outside the door,” said Jennifer Rodgers, the program’s co-coordinator.
The volunteer-run program started in 2005, Weft Insertion Interlining and its continued success shows there is still a great need out there, said Pam Gilbertson, who previously ran the program.

“When we first started setting this up, I was happy that we were doing something that would help the people in our community. A lot of times as a church, you collect donations to send to Africa, and I thought it was really nice to do something right here for our neighborhood,” Gilbertson said.

Families come to the Community Clothes Line Center for a variety of reasons beyond general economic struggles. The volunteers have seen foster parents, who take in children with only the clothes on their backs; families that have experienced emergencies such as fires, and people who came to Minnesota following Hurricane Katrina and who need winter clothes.
Getting enough donations to meet demand can be challenging Permess Interlining. To make sure there is enough to go around, clients are allowed to each fill one bag per visit.

“We accept donations from anyone in the community who wants to bring them to our church during regular business hours,” said Gretchen Godfrey, who runs the program with Rodgers.

During the spring, the center typically sees 15-20 people each night, and when school starts in the fall, the average attendance is 25.

“We need children’s clothes. Of all sizes. Boys are the hardest – they’re hard on their clothes. That is our biggest need,” Gilbertson said. “When we get it, it goes.”

Community of the Cross Lutheran Church is at 10701 Bloomington Ferry Road in Bloomington. For more information, call 952-941-1247.

MY LOVE

•03月 15, 2013 • 发表评论

psbCAPM1YMKMY  LOVE   . I  LOVE  MY  DOG    HE’S NAME IS  PETER

 

We have traveled together in spring, summer, autumn and winter

•11月 4, 2012 • 发表评论

It was a perfect summer a hesitant summer
Thoughts can not throw away the tail end of the summer I firmly grasp
Summer tail never seize over
But once the sea through
Youth should be brilliant
So we have to be a tragic and beautiful period
What we called “Memorial can grab you
What we call “the past” can be said not to do.
What we called “day” over time so dull.
Youth is a big tsunami, but the tsunami calm

You may also remember Oreo?

Requires a willing to accompany my people, and nothing more

•11月 4, 2012 • 发表评论

Love or friendship worth mentioning.
I want a stayed with my people,
You can not understand the humor you can not comfort
But at least you want to see my sad,
I’m not happy that you will accompany me to you and I together.
You can not paper towels to wipe my tears you can not say the words that make me happy
I just need a willingness to stay with my people, and nothing more.

Dear remember to say thank you and girlfriends

•10月 21, 2012 • 发表评论

That accompany you shopping and trying on clothes
 That can each bottle of nail polish you try again,
 That the total order to eat at night, and you tangle afternoon,
 That you eat will kill the man can not kill you, pick your place
 That you have heterosexual disgraceful when not to think of her will be the first time can be injured accompany you lick your wounds,
 
 This is the girlfriends
 You have such people,
 I’ve been thinking, perhaps the single does not matter what
 She quarrels is also very good to me,
 My girlfriends and that I slept in a bed,
 Lovelorn after the side viciously ridiculed my vision,
 But she said to me over her outing, a phone can
 
 

 

 

My girlfriends is that,
 No matter how long it did not meet each other are still the same,
 Poor temper, speak loudly, do not pay attention to the instrument,
 However, always so happy, laugh
 No matter from where or how long the drive over is not embarrassing, very relaxed and natural,
 And I feel bad for you, your tears wet my heart,
 Really, remember that personal feel bad for you,
 
 My girlfriends is that,
 I walked to where she will stand in the place where I could see,
 If there is a sad, aggrieved, as long as I look back, always standing behind me,
 My girlfriends is that good enough to be with you a bath, to also special rare you see through you,
 Able to understand you when you most useless and helpless,
 Patience to talk to you and your comfort with real emotions.
 
 My girlfriends is that,
 Will say to me, you know that man bad for you, I will how on his
 Do not cry, cry and I cry, it is not to cry,
 
 My girlfriends is that,
 I know that even if the heavy rain so the whole city upside down,
 She will also give me the warm embrace of the people,
 If you’re so fly girlfriends
 If you feel this trust is more tricky than men, more beautiful than love.
 
 Remember and girlfriends say, Thank you,
 Thank you for always in my best years.
 
 That accompany you shopping and trying on clothes
 That can each bottle of nail polish you try again,
 That the total order to eat at night, and you tangle afternoon,
 That you eat will kill the man can not kill you, pick your place
 That you have heterosexual disgraceful when not to think of her will be the first time can be injured accompany you lick your wounds,
 
 This is the girlfriends
 You have such people,
 I’ve been thinking, perhaps the single does not matter what
 She quarrels is also very good to me,
 My girlfriends and that I slept in a bed,
 Lovelorn after the side viciously ridiculed my vision,
 But she said to me over her outing, a phone can
 
 My girlfriends is that,
 No matter how long it did not meet each other are still the same,
 Poor temper, speak loudly, do not pay attention to the instrument,
 However, always so happy, laugh
 No matter from where or how long the drive over is not embarrassing, very relaxed and natural,
 And I feel bad for you, your tears wet my heart,
 Really, remember that personal feel bad for you,
 
 My girlfriends is that,
 I walked to where she will stand in the place where I could see,
 If there is a sad, aggrieved, as long as I look back, always standing behind me,
 My girlfriends is that good enough to be with you a bath, to also special rare you see through you,
 Able to understand you when you most useless and helpless,
 Patience to talk to you and your comfort with real emotions.
 
 My girlfriends is that,
 Will say to me, you know that man bad for you, I will how on his
 Do not cry, cry and I cry, it is not to cry,
 
 My girlfriends is that,
 I know that even if the heavy rain so the whole city upside down,
 She will also give me the warm embrace of the people,
 If you’re so fly girlfriends
 If you feel this trust is more tricky than men, more beautiful than love.
 
 Remember and girlfriends say, Thank you,
 Thank you for always in my best years.

 
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