Altair creates LED-lighting spin off

Troy-based Altair Inc. has spun off Ilumisys, a company that will focus on the creation of mercury-free light-emitting diode (LED) lamps.

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Troy-based Altair Inc. has spun off Ilumisys, a company that will focus on the creation of mercury-free light-emitting diode (LED) lamps.

Excerpt:

“We are very excited about starting a new technology company in Michigan,” said James R. Scapa, president and CEO of Altair Engineering. “Ilumisys is on the leading-edge of the rapidly emerging solid-state lighting market and promises clear benefits to the environment in terms of the reduction of both energy use and mercury pollution.”

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